Suppose TC = 10 + (0.1 ? q2). If there are 100 identical firms in the market, the market supply curve is
A) Q = 1000 ? p.
B) Q = 500 ? p.
C) Q = 100 ? p.
D) Q = 10.
B
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Which of the following statement is true?
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If the government thinks the price that a consumer has to pay for a good is too low, then which of the following would solve this problem?
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A. Factors B. Factor markets include all the resources firms use in their production C. Capital, land, buildings D. To produce out put
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