Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
djsmyers djsmyers
wrote...
Posts: 764
Rep: 5 0
6 years ago
Suppose that there are 80 firms in a market, each with the following cost function:
      C(q) = 100 + 4q2
a.   Derive the short-run market supply curve.
b.   Suppose the market demand is
      QD = 1280 - 30p
   Find the equilibrium market quantity and price.
c.   How much output will each firm produce? How much profit is each firm making?
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 189 times
1 Reply
Replies
Answer verified by a subject expert
unExpectedunExpected
wrote...
Posts: 267
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 160 words.
1
* Majoring in business & math

Related Topics

djsmyers Author
wrote...

6 years ago
Thanks for your help!!
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1729 People Browsing
Related Images
  
 231
  
 148
  
 86
Your Opinion