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Question
Assume that the market for nachos has only two suppliers: Firm 1 and Firm 2. According to the table below, if the price of nachos is $6, the market will supply ________ nachos.
Price of Nachos | Firm 1u2019s Supply | Firm 2u2019s Supply |
| 0 | 0 | 0 |
| $1 | 1 | 0 |
| $2 | 1 | 1 |
| $3 | 2 | 1 |
| $4 | 4 | 2 |
| $5 | 5 | 3 |
| $6 | 6 | 4 |
| $7 | 7 | 4 |
| $8 | 10 | 5 |
a. 41
b. 6
c. 2
d. 4
e. 10
Answer
This answer is hidden. It contains 49 characters.
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