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Consider the table below the supply schedules for three competitive firms, each producing honey. These three firms make up the entire industry.
Output(Kg)
Market price ($/kg)
Firm A
Firm B
Firm C
Industry
2.50
100
0
--
3.00
125
3.50
150
4.00
175
4.50
200
5.00
225
250
5.50
300
6.00
275
350
325
1. Compute the total industry supply at each price and fill in the table.
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