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  3. quantity 4 3 units 4 units 6 units price 5 units 2

Quantity 4 3 units 4 units 6 units Price 5 units 20 18 16 14...

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Quantity 4 3 units 4 units 6 units Price 5 units 20 18 16 14 Suppose marginal cost is constant at 8 per unit The firm depicted in the table is selling a prescription drug for whi it had a patent but the patent has expired As new firms enter the market and sell the generic version of this drug competitively what quantity will be sold 12 10 8

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