Can you show me step by step how this problem is answe
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Can you show me step by step how this problem is answered; 14.9 (1) Karl Kapitalist is willing to produce p/2 âˆ’
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Can you show me step by step how this problem is answered; 14.9 (1) Karl Kapitalist is willing to produce p/2 âˆ’ 20 chairs at every price, p > 40. At prices below 40, he will produce nothing. If the price of chairs is $100, Karl will produce 30 chairs. At this price, how much is his producerâ€™s surplus? 1 2(60 Ã— 30) = 900.
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