The price-demand and cost functions
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simeon
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Q = 39,000 – 500PAVC = 30 + 0.005Q Q is quantity demanded and produced, and P is price of the product. Total fixed cost is
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Jim
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Q = 39,000 – 500PAVC = 30 + 0.005Q Q is quantity demanded and produced, and P is price of the product. Total fixed cost is
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SAM
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Anonymous
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Turner
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Deola
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John
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Choose the best answer.If supply of a product goes down, what happens to demand and price? demand goes down, price goes up
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Choose the best answer.If supply of a product goes up, what happens to demand and price? demand goes down, price goes down
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1 answer
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1 answer
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Anonymous
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