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In Ohio there are two manufacturers of sulfuric acid: Chemtrade and Marsulex. The marginal cost of Chemtrade is given by MCC = 2QC and the marginal cost curve of Marsulex is represented by MCM = QM , where QC and QM are the daily quantities of sulfuric acid in tons produced by Chemtrade and Marsulex, respectively. The world market for sulfuric acid is perfectly competitive, and the world price for sulfuric acid is $250 per ton.
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