Multiple Choice
Suppose that the market for ice cream sandwiches is perfectly competitive. Firms that produce ice cream sandwiches are identical; their long-run cost functions are given by . Market demand is
) In the long-run equilibrium in this industry, there are ____ firms in the industry.
A) 4,124.72
B) 3,941.83
C) 3,663.46
D) 3,276.32
Correct Answer:

Verified
Correct Answer:
Verified
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