Mavi and Diesel both make basic blue jeans. The demand curves for the two firms are given by Qm=135,000−3000Pm+1200Pd Qd=154,000−4000Pd+1000Pw suppose it is a price equilibrium for Mavi to set a price of $30 per pair of jeans and Diesel to set a price of $25. What is marginal cost for Mavi What is marginal cost for Diesel
Mavi and Diesel both make basic blue jeans. The demand curves for the two firms are given by Qm=135,000−3000Pm+1200Pd Qd=154,000−4000Pd+1000Pw suppose it is a price equilibrium for Mavi to set a price of $30 per pair of jeans and Diesel to set a price of $25. What is marginal cost for Mavi What is marginal cost for Diesel
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Mavi and Diesel both make basic blue jeans. The
Qm=135,000−3000Pm+1200Pd
Qd=154,000−4000Pd+1000Pw
suppose it is a
What is marginal cost for Mavi
What is marginal cost for Diesel
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