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Suppose the market demand curve is P=40-2Q and the constant marginal cost of production is MC = 20. Which of the following is a valid expression for the collusion curve?

A) Q= 5

B) Q1= 5 - Q2

C) Q1=Q2=5

D) Q1=40-Q2

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91848042

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