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Exhibit 8-18 -Consider Exhibit 8-18. Assuming All of the Firms Are Identical

Question 165

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Exhibit 8-18 Exhibit 8-18 -Consider Exhibit 8-18. Assuming all of the firms are identical, how many firms are in this industry? A) 2,000 B) 2,500 C) 40 D) 50 E) 40 at P = $8; 50 at P = $12
-Consider Exhibit 8-18. Assuming all of the firms are identical, how many firms are in this industry?


A) 2,000
B) 2,500
C) 40
D) 50
E) 40 at P = $8; 50 at P = $12

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