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Business, 26.06.2019 06:10 skateboardb718

Consider a monopolistically competitive market with n firms. each firm's business opportunities are described by the following equations: demand: q=160n−p marginal revenue: mr=160n−4q total cost: tc=150+q2 marginal cost: mc=4q as n rises, the demand for each firm's product . how many units does each firm produce? 20n 20 1,280n 20n what price does each firm charge? 140n 140n 180n 160n how much profit does each firm make? 2,800n2 2,400n2−150 150+400n2 3,200n2−150 in the long run, firms will exist in this market.

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Consider a monopolistically competitive market with n firms. each firm's business opportunities are...
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