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Consider the two firms producing widgets in Paradise. The following table shows ...

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Consider the two firms producing widgets in Paradise. The following table shows the marginal costs of these two firms.

Suppose the two firms are in a competitive market. If the equilibrium price is larger or equal to  _________  and stricly less than _________  , the two firms will produce a total of 12 units and the allocation of production will be efficient.

0%
100%
0%
0%
0%
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