Draw short-run firm and industry competitive equilibriums for a perfectly competitive gator farming industry before the number

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Draw short-run firm and industry competitive equilibriums for a perfectly competitive gator farming industry before the number of alligator farms in Florida doubled. For simplicity, assume the gator farm is earning zero economic profit. Now show the short-run effect of an increase in demand for alligators?
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Survey of Economics

ISBN: 978-1111989668

8th edition

Authors: Irvin B. Tucker

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