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(Solved): Let there be two groups of sellers with the inverse supply function. P=2+q1 Inverse supply for g ...




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Let there be two groups of sellers with the inverse supply function. Inverse supply for group I. There are 25 firms in the group. Inverse supply for group II. There are 50 firms in the group. Find the market supply and draw graph to show the supply curve. Also find the market equilibrium.


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