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-   -   Perfect competition Equilibrium price/quantity/# of firms (https://www.askmehelpdesk.com/showthread.php?t=179977)

  • Feb 3, 2008, 02:05 PM
    Industrial Org
    Perfect competition Equilibrium price/quantity/# of firms
    Each firm in a perfectly competitive market has a cost functionof C= 25 + q(squared). The market demand function is Q= 50-2p. Determine the equilibrium price, quantity per frim, market quantity, and the number of firms.

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