Quantity 4 3 units 4 units 6 units Price 5 units 20 18 16 14

Last updated: 4/1/2023

Quantity 4 3 units 4 units 6 units Price 5 units 20 18 16 14 Suppose marginal cost is constant at 8 per unit The firm depicted in the table is selling a prescription drug for whi it had a patent but the patent has expired As new firms enter the market and sell the generic version of this drug competitively what quantity will be sold 12 10 8