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Business, 28.12.2019 05:31 noathequeen

The following integrated series of questions relates to several sections in the text. scenario 2: suppose a stream is discovered whose water has remarkable healing powers. you decide to bottle the liquid and sell it. the market demand curve is linear and is given as follows: p = 30minusq the marginal cost to produce this new drink is $3. refer to scenario 2. what will be the price of this new drink in the long run if the industry is a stackelberg duopoly?

a. $13.50
b. $9
c. $12
d. $3
e. none of the above

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