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The supply function of a product X is given as: Sx 6Px +3, where Px stands for price.1,000 firms in the market, then market supply for the product at market price of 4 will be:A. 20,000 unitsB. 27,000 unitsC. 23,000 unitsD. 21000 units |
| Answer» Correct Answer - C | |