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Marginal cost/ supply curve: P = 150 + 10(Q) Marginal value/ Demand curve: P =800 -...

Marginal cost/ supply curve: P = 150 + 10(Q)
Marginal value/ Demand curve: P =800 - 15(Q)

1. Calculate the price and quantity using the formulas above assuming perfect competiton.

2. Calculate the price and quantity using the formulas above assuming a monopoly.

3. Calculate the price and quantity using the formulas above assuming a monopsony.

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