Eccles Incorporated (based in Ogden) manufactures precision steel sprockets for applications including transportation, defense, logistics and sporting goods. The total cost curve for Eccles Incorporated sprockets is given by Total Cost = 15, 600 + 0.5Q + 0.025Q^2, where Q is the number of sprockets Eccles Incorporated manufactures in a month. The Eccles Incorporated marginal cost curve is given by Marginal Cost = 0.5 + 0.05Q. (b) If there are 10 identical sprocket manufacturers in the United States, what is the market- level supply curve?

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Chapter7: Proudction Costs
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Eccles Incorporated (based in Ogden) manufactures precision steel sprockets for applications including transportation, defense, logistics and sporting goods. The total cost curve for Eccles Incorporated sprockets is given by

Total Cost = 15, 600 + 0.5Q + 0.025Q^2,

where Q is the number of sprockets Eccles Incorporated manufactures in a month. The Eccles

Incorporated marginal cost curve is given by

Marginal Cost = 0.5 + 0.05Q.

(b) If there are 10 identical sprocket manufacturers in the United States, what is the market- level supply curve? 

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