Social Studies, 28.09.2019 21:30 ltay92
Consider a perfectly competitive market described by the supply function p = 20 + 0.1q and demand function p = 80 - 0.3q. if the market is in equilibrium, then an individual firms total revenue (tr), average revenue (ar) and marginal revenue (mr) functions are:
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Consider a perfectly competitive market described by the supply function p = 20 + 0.1q and demand fu...
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