Question: If S 1 (p) = p 10 and S 2 (p) = p 15, then at what price does the industry supply curve

If S1(p) = p − 10 and S2(p) = p − 15, then at what price does the industry supply curve have a kink in it?

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The inverse supply curves are P 1 y 1 10 y 1 and P 2 ... View full answer

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