Suppose that after Mark and Aaron have arrived at their long run equilibrium as Cournot duopolists, another individual, Patrick, discovers the streams. Patrick, who will sell no lime juice before its time, decides to bottle lime juices. There are now three Cournot firms producing at once. In the long run, what level of output will Mark produce

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.