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Which formula did you used in converting the prices to dollars at the beginning of your solutions?

In plotting the corresponding supply curve on the above graph using the MC/Supply function Q= -7909.89+79.098P WITH THE same prices. I saw that you used Q= 5200 +45P instead of Q= -7909.89+79.098P.

Why did you change the prices from dollars to cents and the end?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M938563

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