Question: Can anyone solve #2b #2a)_ Briefly explain the four determinants of market supply. #2b). Demonstrate graphically and explain with an example where a perfectly competitive
Can anyone solve #2b

#2a)_ Briefly explain the four determinants of market supply. #2b). Demonstrate graphically and explain with an example where a perfectly competitive firm is earning a positive economic profit. Be sure to label the profit maximizing level of output and shade in the area that represents profit. #3a). In what manner does a competitive market adjust to a surplus of a product
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