Demand for Corn Flakes is: P = 18 - Q. Supply of Kellogg's Corn Flakes is: P = 2 + Q. Now a generic company enters the m

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answerhappygod
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Demand for Corn Flakes is: P = 18 - Q. Supply of Kellogg's Corn Flakes is: P = 2 + Q. Now a generic company enters the m

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Demand for Corn Flakes is: P = 18 - Q. Supplyof Kellogg's Corn Flakes is: P = 2 + Q. Now ageneric company enters the market, selling generic Corn Flakes for$9. Assume consumers are indifferent betweengeneric and Kellogg's Corn Flakes.
How many boxes of corn flakes will sell in total (bothbrand and generic)?
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