Recent Posts • Latest Topics • Unanswered Questions

Price vs. Quantity CompetitionThe graph shows the market demand curve (D) and the individual firm's ...

atomicyoyo

wrote...

Go to Answer

Posts: 161

Rep:

A year ago

Price vs. Quantity CompetitionThe graph shows the market demand curve (D) and the individual firm's ...

Price vs. Quantity Competition

The graph shows the market demand curve (D) and the individual firm's average total cost curve (ATC) for the warehouse club industry, which is an oligopoly.

Assume that P1=$135, P2=$300, Q1=1050, Q2=3500, and Q3=7750. If all firms have the same average total cost curves and produce a quantity equal to their minimum efficient scale, how many firms can satisfy the market demand?
Please round your final answer up to the nearest integer.

▸ 8

▸ 11

▸ 3

▸ 6

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 35 times

1 Reply

Report

Replies

Answer verified by a subject expert

astroasis

wrote...

Posts: 143

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

atomicyoyo Author

wrote...

A year ago

Correct

IvanaVR

wrote...

Yesterday

Thanks

einstein

wrote...

2 hours ago

this is exactly what I needed

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1266 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

298

173

357

Your Opinion

Previous poll results: What percentage of nature vs. nurture dictates human intelligence?

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.