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Assume the on campus demand for soda is as follows Price $ per canQuantity demanded per day

Assume the on campus demand for soda is as follows: Price ($ per can) .......................... 2.001.751.501.251.000.750.500.25 Quantity demanded (per day) ..................... 30 40 50 60 70 80 90 100 If the marginal cost of supplying a soda is 50 cents, what price will students end up paying in (a) A perfectly competitive market? (b) A monopolized market?

Apr 23 2020 View more View Less

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