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Business, 06.12.2019 01:31 DeanWhinchester8970

Consider a competitive industry with several firms all of which have the same cost function, c(y) = y2 + 4 for y > 0 and c(0) = 0. the demand curve for this industry is d(p) = 50 ? p, where p is the price. what is the long-run equilibrium number of firms in this industry? show all work.

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Consider a competitive industry with several firms all of which have the same cost function, c(y) =...

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