-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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