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Suppose That 1000 Identical Sellers Each Set Their Profit-Maximizing Output

Question 70

Multiple Choice

Suppose that 1000 identical sellers each set their profit-maximizing output level at 18 units when price equals $10. Then what is market quantity supplied at a price of $10?


A) 100.
B) 1,000.
C) 10,000.
D) 18,000.

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