Question: What will be the (1) equilibrium price? $ . (2) What will be the equilibrium output for the industry? . (3) For each firm? units.

What will be the (1) equilibrium price? $ .

(2) What will be the equilibrium output for the industry? .

(3) For each firm? units.

Instructions: Enter positive values for the reported profit or loss?

What will be the (1) equilibrium price? $ .(2) What will be

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