In Gelate, Pennsylvania, the market for compact discs has evolved as follows.There are two firms that each use a marquee to post the price they charge for compact discs.Each firm buys CDs from the same supplier at a cost of $5.00 per disc.The inverse market demand in their area is given by

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The Answer of In Gelate, Pennsylvania, the market for compact discs has evolved as follows.There are two firms that each use a marquee to post the price they charge for compact discs.Each firm buys CDs from the same supplier at a cost of $5.00 per disc.The inverse market demand in their area is given by

In Gelate, Pennsylvania, the Market for Compact Discs Has Evolved