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What Is the Total Market Supply,Qs,for Luxury Sports Cars in the United

Question 51

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What is the total market supply,Qs,for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs1,P = 20 + 5Qs2,P = 5Qs3?


A) P = 10 + 21Qs
B) Qs = -2 + What is the total market supply,Qs,for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs<sub>1</sub>,P = 20 + 5Qs<sub>2</sub>,P = 5Qs<sub>3</sub>? A) P = 10 + 21Qs B) Qs = -2 + C) Qs = 6 + D) Qs = -2 +
C) Qs = 6 + What is the total market supply,Qs,for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs<sub>1</sub>,P = 20 + 5Qs<sub>2</sub>,P = 5Qs<sub>3</sub>? A) P = 10 + 21Qs B) Qs = -2 + C) Qs = 6 + D) Qs = -2 +
D) Qs = -2 + What is the total market supply,Qs,for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs<sub>1</sub>,P = 20 + 5Qs<sub>2</sub>,P = 5Qs<sub>3</sub>? A) P = 10 + 21Qs B) Qs = -2 + C) Qs = 6 + D) Qs = -2 +

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