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Table: Demand for Solar Water Heaters

Tabe: Demand for Solar Water

Heatern

$\frac{\text{P}\text{r}\text{i}\text{c}\text{e}}{\text{\$}1\mathrm{.}400}$

$\backslash$table$[[$Quantity$],[30],[35],[40],[45],[50],[55],[60],[65]]$

Use Table: Demand for Solar Water Heaters. The marginal cost of producing solar water heaters is zero, and only two firms, Rheem and Calefi, produce them. If Rheem and Calefi get into a price war, the equilibrium price in the market will be:

$$0.$

$$800.$

$$700.$

$$1,000.$

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