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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 1
Repeat worked-out problem 19.1, but assume instead that Joe and Rebecca each face a marginal cost of $25 per cubic yard.
Explanation
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The Market demand function is:
The mar...
Microeconomics 2nd Edition by Douglas Bernheim
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