Suppose that the cost function is now cqi 20qi 400 what
Let market demand be given by Q(P) = 200 - P. Each firm's cost function is C(qi ) = 20qi, where i = 1, 2. Suppose that the cost function is now C(qi) = 20qi + 400. What is the free-entry number of firms?
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let market demand be given by qp 200 - p each firms cost function is cqi 20qi where i 1 2 suppose that the cost
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