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DMD _ { M } Represents Market Demand SFS _ { F }

Question 8

Multiple Choice

DMD _ { M } represents market demand, SFS _ { F } represents the fringe supply curve, DRD _ { R } represents the dominant firm's residual demand curve, MRRM R _ { R } represents the dominant firm's marginal revenue curve, and MCM C represents the dominant firm's marginal cost curve.
D _ { M }  represents market demand,  S _ { F }  represents the fringe supply curve,  D _ { R }  represents the dominant firm's residual demand curve,  M R _ { R }  represents the dominant firm's marginal revenue curve, and  M C  represents the dominant firm's marginal cost curve.    -Consider the information above. In equilibrium, how many units will the fringe producers supply? A) 45 units B) 60 units C) 90 units D) 135 units

-Consider the information above. In equilibrium, how many units will the fringe producers supply?


A) 45 units
B) 60 units
C) 90 units
D) 135 units

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