In a perfect competition, the cost function of each of 100 firms is given as:
q
C=
+0.2q² + 4q+10
300
The market demand function is given by:
Q=8000 – 200P
What is each firm's short-run equilibrium quantity?
W
A. 15
B. 20
C. 25
D. 30
Answers
Answered by
2
Answer:
D.20
Explanation:
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