The table below presents the market supply schedule for laptop computers in the Initial Market Quantity...

 

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The table below presents the market supply schedule for laptop computers in the "Initial Market Quantity of Computers Supplied" column. Suppose a new firm, NF Computers, enters the market with the supply schedule shown in the "Quantity of Computers Supplied by NF Computers" column. Instructions: Enter your answers as a whole number. a. Fill in the new market supply schedule in the "New Market Quantity of Computers Supplied" column. Market Supply of Computers Initial Market Quantity of Computers Supplied 2,000 1,900 1,800 Price (dollars) $475 450 425 400 375 350 325 300 1,700 1,600 1,500 1,400 1,300 Quantity of Computers Supplied by NF Computers 85 79 73 64 55 46 37 28 New Market Quantity of Computers Supplied b. At a price of $400 per laptop computer, the entry of NF Computers will increase the quantity of computers supplied by computers, resulting in a total market quantity of [ computers. The table below presents the market supply schedule for laptop computers in the "Initial Market Quantity of Computers Supplied" column. Suppose a new firm, NF Computers, enters the market with the supply schedule shown in the "Quantity of Computers Supplied by NF Computers" column. Instructions: Enter your answers as a whole number. a. Fill in the new market supply schedule in the "New Market Quantity of Computers Supplied" column. Market Supply of Computers Initial Market Quantity of Computers Supplied 2,000 1,900 1,800 Price (dollars) $475 450 425 400 375 350 325 300 1,700 1,600 1,500 1,400 1,300 Quantity of Computers Supplied by NF Computers 85 79 73 64 55 46 37 28 New Market Quantity of Computers Supplied b. At a price of $400 per laptop computer, the entry of NF Computers will increase the quantity of computers supplied by computers, resulting in a total market quantity of [ computers.

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a To find the New Market Quantity of Computers Supplied we simply add t... View the full answer