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Suppose that the market price for a bottle of vitamins is $1.61 and that at that price the total market quantity demanded is 255,340,000 bottles. How many firms will there be in this industry? firm(s)
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Suppose that the market price for a bottle of vitamins is $1.61 and that at that price the total market quantity demanded is

255,340,000 bottles. How many firms will there be in this industry?
firm(s)

User Mike Biglan MS
by
5.3k points

1 Answer

6 votes

Answer:

255,340,000(1.61)= $411097400

Explanation:

multiply the total amount of bottles by $1.61, since it costs $1.61 per bottle.

User Ahmad Nawaz
by
5.8k points
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