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Market Demand Assignment | Homework For You

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December 11th, 2019

A small nation has three gasoline suppliers with a linear monthly market demand equal​ to: Q ​= 500,000-5P.

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Homework For You

Each​ firm’s marginal cost(MC​) and average total cost(ATC​) curves are horizontal at​ $10,000 per month.

Refer to the information above. What is slope of the demand​ curve?

A.5

B.-0.20

C.0.20

D.-5. Get Economics homework help today

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