How the typical firm also industry delivery

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Q1. A technological breakthrough lowers the cost of manufacturing DVD's. As a result, the market changes to a new equilibrium, because of an?

Q2. Market demand in a constant costs perfectly competitive industry is given by QD = 100
- 5P also each ?rm has total costs C = q2 + 25. In August the government plans to implement a per-unit tax of $4 in this industry. Provide supplementary calculation also a pair of fully labeled diagrams Explain how the Typical Firm also Industry Delivery also Demand to analyze the impact of this tax.

Reference no: EM1313193

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