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equilibrium price & quantity under free trade If my firm operates in a competitive market and competes with many other domestic and foreign firms. The domestic market demand for the product you produce is Qd = 500 – 1.5P. The…

how can behavioral economics be used for YOU as a student? How would you apply and use behavioral economics if you were a small business owner? How can behavioral economics justify or assist in the understanding of diminishing marginal utility?…