Now letrsquos say that there are 100 firms in a perfectly, Business Economics

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Now letrsquos say that there are 100 firms in a perfectly

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Now let’s say that there are 100 firms in a (perfectly competitive) market each with an inverse short-run supply curve of P = 2q+10. If the market demand curve equals Q=1000 - 25P, what is equilibrium price and quantity, and how much does each individual firm produce in equilibrium?

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