Business, 28.06.2019 05:00 mariahbugg7

Suppose an industry consists of 100 firms with identical cost structures (represented by the “typical individual firm” in the figure below). the price is $18. instructions: plot the profit-maximizing quantity using the tool provided (q). instructions: round your answers to the nearest whole number. the firm output quantity at the equilibrium price is the market output quantity at the equilibrium price is

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Suppose an industry consists of 100 firms with identical cost structures (represented by the “typica...