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Exhibit 8-18 Consider Exhibit 8-18

Question 172

Multiple Choice

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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