- 4 00 Price 2 00 Mc 4 00 Xz 2 00 Quantity O 15 000 O 24 000 A Firm 300 O 18 000 Price 600 B Market Q1 Assume A Co 1 (58.76 KiB) Viewed 10 times
$4.00 Price $2.00 MC $4.00 XZ $2.00 Quantity O 15,000 O 24,000 (a) Firm 300 O 18,000 Price 600 (b) Market Q1 Assume a co
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$4.00 Price $2.00 MC $4.00 XZ $2.00 Quantity O 15,000 O 24,000 (a) Firm 300 O 18,000 Price 600 (b) Market Q1 Assume a co
$4.00 Price $2.00 MC $4.00 XZ $2.00 Quantity O 15,000 O 24,000 (a) Firm 300 O 18,000 Price 600 (b) Market Q1 Assume a competitive market. If there are 50 identical competitive firms and the market price is $2.00, according to the figures above, how many units of output will be supplied to the market? O 12,000 MC Q2 Quantity