16. (4 marks) Let TC = 300 + 600 of + 500 Q? MC = 600 + 1000 Qf f=rm a.) (1 mark) Find the industry supply curve, given there are 10 rms as above. b.) (1 mark) The market is perfectly competitive, with demand P = 2,000 - 40 Quad. Find the equilibrium price and kat. c.) (I mark) Find rm-level revenue and prot in the above equilibrium. d.) (1 mark) Assume new rms enter and drive the market to a long term perfectly competitive equilibrium. How many rms will serve the market? (Round the result down if needed.)