1.

There are three sellers A, B and C in a market. Their supply curves are given by the following equations. qA=5p−30, p≥8qB=2p+20, p≥10qC=3p+10, p≥15 What is the total quantity supplied at a market price of Rs 10?

Answer»

There are three sellers A, B and C in a market. Their supply curves are given by the following equations.

qA=5p30, p8qB=2p+20, p10qC=3p+10, p15

What is the total quantity supplied at a market price of Rs 10?




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