[Solved] The Following Graph Shows the Market Demand and Average Cost

Question 67
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The following graph shows the market demand and average cost curve for electricity (in millions of kilowatts)in an urban centre:
img
-Refer to the above graph to answer this question.Suppose that the price is $3,and the market is served by two competing firms,each with average costs as shown in the graph and each having 50% of the market.What will be the quantity produced by each firm?


A)50.
B)55.
C)75.
D)100.
E)110.

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