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The market for gilders is initially competitive and the market demand is: P = 315 - 0.6QD . The combined marginal costs of the firms in the gilder industry are: MC = 9 + 0.3Q. a. Draw the demand, and marginal cost curves. find out and show how much these firms will sell and what they will charge.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M952779

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