Suppose There Are 100 Firms Each with a Short Run

question 28

Multiple Choice

Suppose there are 100 firms each with a short run total cost of STC = q² + q + 10,so that marginal cost is MC = 2q +1.The market supply curve is

• A) Q_S = -50 + 50P
• B) Q_S = - + P
• C) Q_S = -100 + 100P
• D) Q_S = -50 + 50P²

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