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treetreee treetreee
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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. What are the total profits from both markets combined?

• $50

• $48

• $18

• $15
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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sadeensadeen
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5 years ago
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treetreee Author
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#2
5 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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