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Homework answers / question archive / At a price of $1
At a price of $1.50, the total quantity demanded of a product is 80,000 units and the competitive fringe produces 15,000 units.
What is the dominant firm's residual demand at a price of $1.50?
A. 50,000
B. 95,000
C. 80,000
D. 65,000
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