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The Accompanying Table Applies to a Purely Competitive Industry Composed

Question 81

Multiple Choice

The accompanying table applies to a purely competitive industry composed of 100 identical firms. The equilibrium price in this purely competitive market is A) $5. B) $4. C) $3. D) $2. The accompanying table applies to a purely competitive industry composed of 100 identical firms. The equilibrium price in this purely competitive market is


A) $5.
B) $4.
C) $3.
D) $2.

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