cheercraze4385 cheercraze4385

16-12-2022
Business

contestada

Suppose a single firm produces all of the output in a contestable market. The market inverse demand function is P = 100 -2Q, and the firmï¿½s cost function is C(Q) = 2Q. Determine the firmï¿½s equilibrium price and corresponding profits.
Price: $
Profits: $

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