Question: Answer the following question Market demand is given as QD = 140 - 4P. Market supply is given as QS = 3P. Each identical firm

Answer the following question Market demand is given as QD =

Answer the following question

Market demand is given as QD = 140 - 4P. Market supply is given as QS = 3P. Each identical firm has MC = 5Q and ATC = 2Q. What is a firm's average total cost? O a. $15 Ob. $20

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