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Business, 17.03.2020 02:23 sherlock19
Suppose there are three stores in a shopping center that would benefit from security lights in the parking lot according to the following inverse demand functions: Store Inverse Demand A: Upper P Subscript Upper A Baseline equals 50 minus Upper Q B: Upper P Subscript Upper B Baseline equals 45 minus 2 Upper Q C: Upper P Subscript Upper C Baseline equals 30 minus 2 Upper Q If security lights cost $70 each, in other words market supply is Upper P equals 70, what is the efficient quantity of lights? The efficient quantity of lights is nothing. (Enter your response rounded to the nearest integer.)
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