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All pricetaking firms in a competitive industry have access to the technology C(y) =8 12y 2y^2. Derive a typical firm's shortrun supply curve and show

All pricetaking firms in a competitive industry have access to the technology C(y) =8 12y 2y^2. Derive a typical firm's shortrun supply curve and show it on a graph. Derive the longrun supply curve for this industry based on free entry and pricetaking behaviour, and show this curve on a graph. What would determine the number of firms in the industry

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