-In the Above Figure, Assuming Firm 1 and Firm 2

question 198

Multiple Choice

-In the above figure, assuming Firm 1 and Firm 2 are the sole producers in the industry, the industry quantity supplied at price P₂ is equal to

• A) Q₁ + Q_2.
• B) Q₁ + Q_3.
• C) Q₂ + Q_4.
• D) Q₄ - Q_2.

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