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A market is in perfect competition with the market demand curve Q D =800-400P.Theshort-run market supply curve is Q S = 600P. There are 100

A market is in perfect competition with the market demand curve QD=800-400P.Theshort-run market supply curve is QS= 600P. There are 100 firms in the market. Each firm in this market therefore faces the following individual demand curve (where P is graphed on the vertical axis and Q is graphed on the horizontal axis):

P = 0

P = 2 - 0.0025Q

P =$0.80

P = 2 - 0.000025Q

P = 0.8-0.001Q

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