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Other Fields Homework Help Economics Topic started by: Llanis on Oct 17, 2017



Title: Suppose the following information is known about a market:
Post by: Llanis on Oct 17, 2017
Suppose the following information is known about a market:

1. Sellers will not sell at all below a price of $2.
2. At a price of $10, any given seller will sell 10 units.
3. There are 100 identical sellers in the market.

Assuming a linear supply curve, use this information to derive the market supply curve.


Title: Re: Suppose the following information is known about a market:
Post by: Chronos on Oct 17, 2017
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