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Business, 16.09.2019 21:30 littlemisschris
Muddy’s bakery and lilly’s sweetshop both sell cupcakes. the market price of one chocolate cupcake is $2.50. muddy’s is willing to sell a cupcake for as little as $1.65; lilly’s is willing to sell a cupcake for as little as $1.75. what is the total producer surplus for the two firms?
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Muddy’s bakery and lilly’s sweetshop both sell cupcakes. the market price of one chocolate cupcake i...
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