Suppose There Are 100 Firms Each with a Short Run $q = 0.5 ( P - 1 )$

question 23

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 short-run supply curve for each firm is

• A) \(q = 0.5 ( P - 1 )\)
• B) \(q = \sqrt { P } - 3\)
• C) \(q = P - 1 + 1 / \sqrt { P }\)
• D)\(q = p - 1\)

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