Answer to Question #239847 in Macroeconomics for sbu

Question

a market consists of 300 identical firms and the market demand curve is given by Q=60-p. each firm has a short run total cost curve Tc=0.1+50Q2.what is the short run equilibrum price in this market?

Answer 1

Dear sbu, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order