ShadowShu6750 ShadowShu6750

26-04-2024
Business

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Imagine a town in which only two firms (Firm 1 and Firm 2) own wells that produce water safe for drinking. Each Saturday, both firms decide how many gallons to pump and bring to town. They sell it for whatever price the market will bear. Suppose both firms can pump as much as they want without cost

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