The cheese business in Waunabaugon, Wisconsin, is a competitive industry.All cheese manufacturers have the cost function c(q) = q^2+ 4, while demand…

The cheese business in Waunabaugon, Wisconsin, is a competitive industry.All cheese manufacturers have the cost function c(q) = q^2+ 4, while demand for cheese in the town is given by Qd= 120 -P. The long-run equilibrium number of firms in this industry is a.29.b.56.c.58.d.60.e.120

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