If producer a and producer b are the only producers in the market, then the market quantity supplied when the price is $2 is:________

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12-09-2022
Business

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If producer a and producer b are the only producers in the market, then the market quantity supplied when the price is $2 is:________

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-09-15T21:23:50+02:00

If producer a and producer b are the only producers in the market, then the market quantity supplied when the price is $2 is 18 units.

A marketplace is a composition of systems, establishments, tactics, social members of the family or infrastructures wherein parties have interaction in change. even as parties may additionally alternate items and services by means of barter, maximum markets depend on dealers providing their items or offerings to customers in exchange for cash.

Market shape refers to how distinctive industries are labeled and differentiated primarily based on their degree and nature of opposition for offerings and items. The four popular styles of market systems encompass ideal opposition, oligopoly marketplace, monopoly marketplace, and monopolistic opposition.

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