Derive the short-run market supply curve

Reference no: EM13180768

Suppose that there are 80 firms in a market, each with the following cost function:
C(q) = 100 + 4q^2

A.) Derive the short-run market supply curve.
B.) Suppose the market demand is
Qd= 1280 - 30P
Find the equilibrium market quantity and price.
C.) How much output will each firm produce? How much is each firm making?

Reference no: EM13180768

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