Question: The daily demand function for a product is given by =1,0102 , where stands for the quantity demanded, and stands for the price. 1st attempt

The daily demand function for a product is given by =1,0102 , where stands for the quantity demanded, and stands for the price. 1st attempt Part 1 (1 point)See Hint Suppose the market for this product is competitive, and all firms in the market have an identical marginal cost of $45 (and no fixed cost). The equilibrium price in this market equals $

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