Equivalence relation for the partition
Provide equivalence relation for the partitiion: B1 = {1, 3, 5}, B2 = {2}, B3 = {4, 6} for the set B = {1, 2, 3, 4, 5, 6}
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Suppose that there are 2 identical firms in an industry, each producing the same good at the same constant marginal cost of $10. The Consumer Demand is given by: P(Q) = 100 - Q/50.
Suppose that there are 2 identical firms in an industry, each forming the same good at the same constant marginal cost of $60. The Consumer Demand is given by:
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