EBK ECONOMICS
EBK ECONOMICS
13th Edition
ISBN: 8220106799642
Author: PARKIN
Publisher: PEARSON
Question
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Chapter 12, Problem 22APA

(a)

To determine

The features of the market for apps that make it competitive.

(b)

To determine

Whether the apps market is in its long run equilibrium.

(c)

To determine

How the idea of training more developers affects the market supply and developers marginal revenue, marginal cost, and economic profit.

(d)

To determine

Illustrate the market for apps and the individual app developer.

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Can you show me the answers for parts a and b? Thanks.
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