Page 1 of 1
1. There are 10 producers each with a cost curve C(q) = q?. The demand curve is given by D = 2000 – 10p. Each producer c
Posted: Thu May 19, 2022 10:46 am
by answerhappygod
- 1 There Are 10 Producers Each With A Cost Curve C Q Q The Demand Curve Is Given By D 2000 10p Each Producer C 1 (39.27 KiB) Viewed 52 times
1. There are 10 producers each with a cost curve C(q) = q?. The demand curve is given by D = 2000 – 10p. Each producer creates a MEC (marginal external cost) of $100 per unit produced. a) What is the competitive equilibrium quantity produced and consumed? b) What is the efficient quantity?