There are three suppliers, A, B, and C. According to the table above, if price were $100 then market quantity supplied would be
Homework Answers
Ans:
The market quantity supplied would be 60 units.
When the price is $100, quantity supplied by supplier A is 60 units, quantity supplied by supplier B is 0 units, quantity supplied by supplier C is 0 units.
When the price is $100, market quantity supplied = 60 + 0 + 0
= 60 units.
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