Suppose that 20 percent of the firms selling good X charge the low price.If the remaining 80 percent of firms charge $80 per unit and the expected benefit of an additional search is $5,then the lowest price in the market for good X is:

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The Answer of Suppose that 20 percent of the firms selling good X charge the low price.If the remaining 80 percent of firms charge $80 per unit and the expected benefit of an additional search is $5,then the lowest price in the market for good X is:

Suppose That 20 Percent of the Firms Selling Good X