Suppose the inverse demand curve on ore is given by P 63-0.22 Q. Ore can be either mined or obtained through a recycling program. The marginal cost of mining is MC1 = 7 91. The marginal cost of obtaining ore through recycling is MC2 = 17+4 92. What percent of total demand is satisfied by recycled ore (express your answer in percentage, i.e., if the answer is 45.34% then enter 45.34)?
