Demand for Corn Flakes is: P = 10 - Q
Supply of Kellogg's Corn Flakes is: P = 2 + Q
No...
Business, 25.11.2021 06:00 kkneedz1369
Demand for Corn Flakes is: P = 10 - Q
Supply of Kellogg's Corn Flakes is: P = 2 + Q
Now a generic company enters the market, selling generic Corn Flakes for $4. Assume consumers are indifferent between generic and Kellogg's Corn Flakes. How many boxes of generic Corn Flakes will sell?
Answers: 1
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