-The Above Figure Shows the Reaction Functions for Two Pizza

question 84

Multiple Choice

-The above figure shows the reaction functions for two pizza shops in a small isolated town.The perfect competitive outcome is that

• A) each firm produces 40 pizzas.
• B) each firm produces 50 pizzas.
• C) the firms split the production of 200 pizzas.
• D) each firm produces 200 pizzas.

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Definitions:

Laccolith

A bulge-shaped igneous body that has domed and tilted overlying layers and that is observed or interpreted to have a relatively flat floor.

Felsic Magmas

Magma that is high in silica and light in color, which forms rocks such as granite and rhyolite upon cooling.

Intermediate

A term used to describe entities or phenomena that fall in the middle of a specified range or scale, often used in geological contexts to describe rocks or volcanic activities with properties between felsic and mafic.

Main Batholith

A large body of igneous rock formed beneath the Earth's surface by the intrusion and solidification of magma.