15 14 13 12 11 10 9 8 6 5 2 3 4 Q-800 and N=400 OQ=300 and N=100 O Q=1000 and N=200 MC Q =900 and N=300 O Q=400 and N =2

[answerhappygod]

15 14 13 12 11 10 9 8 6 5 2 3 4 Q 800 And N 400 Oq 300 And N 100 O Q 1000 And N 200 Mc Q 900 And N 300 O Q 400 And N 2 1 (124.51 KiB) Viewed 10 times

15 14 13 12 11 10 9 8 6 5 2 3 4 Q-800 and N=400 OQ=300 and N=100 O Q=1000 and N=200 MC Q =900 and N=300 O Q=400 and N =200 firm 6 ATC AVC 7 8 9 q $ 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 D2 Assume that the demand is D1 and the industry is in long-run equilibrium. Then the long-run industry quantity Q and long-run number of firms N is: D1 0 100 200 300 400 500 600 700 800 900 1000 industry