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uni67 uni67
wrote...
Posts: 475
5 years ago
Table 16-2

Quantity Demanded in Middle Fall
(tubes per week)
Price per Tube
Quantity Demanded in West Fall
(tubes per week)
Price per Tube
1$8.001$5.00
2  7.002  4.50
3  6.003  4.00
4  5.004  3.50
5  4.005  3.00
Neem Products sells its Ayurvedic Neem toothpaste in two completely isolated markets with demand schedules as shown in Table 16-2. The average cost of production is constant at $2 per tube.


Refer to Table 16-2. How many tubes of toothpaste will Neem sell in Middle Fall and at what price?

Q = 2 units; P = $7

Q = 3 units; P = $6

Q = 4 units; P = $5

Q = 5 units; P = $4
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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jesika1122jesika1122
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Posts: 376
5 years ago
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