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Given the Following Supply Curves for the Only Two Producers

Question 96

Multiple Choice

Given the following supply curves for the only two producers in a market: P = 2 + 0.01q and P = 2 +
0) 02q, the total supplied when the price is $5 is:


A) 150.
B) 300.
C) 450.
D) 600.

Correct Answer:

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