There are N = 3 businesses in an oligopoly industry. The businesses produce identical products and have the same marginal cost of MC = 100 dollars. If the market elasticity of demand is EM = ?2, the equilibrium price in the industry is

There are N = 3 businesses in an oligopoly industry. The businesses produce identical products and have the same marginal cost of MC = 100 dollars. If the market elasticity of demand is EM = ?2, the equilibrium price in the industry is



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