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Title: Assume that the market demand for pens is given by QD = 650 - 25P and the market supply of pens is ... Post by: tuggy on May 22, 2017 Assume that the market demand for pens is given by QD = 650 - 25P and the market supply of pens is given by QS = 200 + 20P. If a firm sells 20 pens and faces an average total cost of $6, calculate the firm's profit.
Title: Re: Assume that the market demand for pens is given by QD = 650 - 25P and the market supply of pens ... Post by: lostein on May 22, 2017 Content hidden
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