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Find the competitive equilibrium quantity

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Reference no: EM133132452

Suppose that in a double auction market there are eight sellers and 6 sellers. The buyers can purchase up to 1 unit each, and the sellers can sell up to 1 unit each. The following are the costs and values used in the experiment:

Costs:7,10,9,9, 6,10,8,8

Find the competitive equilibrium quantity.

Reference no: EM133132452

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