Draw a perfectly competitive market for apples, Microeconomics

Draw a perfectly competitive market for apples

Problem

Assume that apples are an inferior good. Draw a perfectly competitive market for apples and a firm selling apples in the long run equilibrium where price is $10 and the firm's equilibrium quantity is 50. Explain the following situations graphically and in words

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Microeconomics: Draw a perfectly competitive market for apples

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Microeconomics: Draw a perfectly competitive market for apples

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