If SRTC 200+2q+4qwhere q is output, the firm's short-run supply function is a.P = 2 + 8q for P >= 2 and zero otherwise b. q = 0 P < 2; 0.125P - 0.25 P >= 2 c.P = 2 + 8a for p > 0 and zero otherwise. d.q = 0 P < 0; 0.125P - 0.25 P >= 0 8 Each firm in a perfectly competitive market has long-run average total cost represented as ATC+100/q. Long-run ma

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7If SRTC 200+2q+4qwhere q is output, the firm's short-run supply function is

a.P = 2 + 8q for P >= 2 and zero otherwise

b. q = 0 P < 2; 0.125P - 0.25 P >= 2

c.P = 2 + 8a for p > 0 and zero otherwise.

d.q = 0 P < 0; 0.125P - 0.25 P >= 0

8 Each firm in a perfectly competitive market has long-run average total cost represented as ATC+100/q. Long-run marginal cost is MC = 200q - 10 The market demand is O^ prime =215 dot 0 * 5P . At the long-run equilibrium price, how many firms are in the market?

a= 500

b. n = 1000

c. n = 1200

d.n-2000

e.n = 2400

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