How much output would be produced and sold, Microeconomics

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How much output would be produced and sold

Problem

Suppose that instead of a monopolist in the previous question the market was perfectly competitive. Production conditions are the same.

(a) How much output would be produced and sold?

(b) How many units of labour would be employed?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much output would be produced and sold

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