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Home Q & A Board Other Fields Homework Help Business Economics
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nakungth nakungth
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6 years ago
Suppose the market demand curve is P = 40 - 2Q and the constant marginal cost of production is MC = 20.  Which of the following is a valid expression for the collusion curve?
A) Q = 5
B) Q1 = 5 - Q2
C) Q1 = Q2 = 5
D) Q1 = 40 - Q2
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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#1
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6 years ago
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nakungth Author
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#2
6 years ago
Thanks, very pleased with your answer
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