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Market demand is given as QD = 200 – 3P. Market supply is given as QS = 2P + 100. Each identical firm has MC = 0.5Q and ATC = 0.25Q. What is each firm’s profit?
13 years ago

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Anonymous
this is your prof, I am going to track this back to you and have you meet with the dean, I advise you to drop the course before I find out who this is
13 years ago

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