Question

Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles. How many firms will there be in this industry?

Answer 1

Answer:

there will be 187, 500, 000 firms in the industry.

Explanation:

just multiply 2.50 with 75, 000,000 and get the answer.

Answer 2

Answer:

187, 500, 000

Explanation:

multiply 2.50 times 187, 500, 000