(Table: Demand for Solar Water Heaters) Look at the table Demand for Solar Water Heaters.The marginal cost of producing solar water heaters is zero, and only two firms, Rheem and Calefi, produce them.If Rheem and Calefi get into a price war, the equilibrium price in the market will be:
A) $0.
B) $4.
C) $8.
D) $10.
Correct Answer:
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