Suppose there are four firms that are each willing to sell one unit of a good. Each firm has a different minimum price that they are willing to sell for: Firm W $6, Firm X $7, Firm Y $10, and Firm Z $12. If the market price is $11 then the market supply for this good will be

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01-03-2022
Business

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Suppose there are four firms that are each willing to sell one unit of a good. Each firm has a different minimum price that they are willing to sell for: Firm W $6, Firm X $7, Firm Y $10, and Firm Z $12. If the market price is $11 then the market supply for this good will be

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