Bonus. (1 point) Assume that there are N firms that sell mobile phones, where N is a positive integer. Assume also that when N > 1 the firms' products are exactly alike (when N = 1 there is just one seller). N is thus a fixed number, and everyone knows which that number is (N is common knowledge). Potential buyers are homogenous in their valuation for mobile phones and each potential buyer consumes at most 1 mobile phone. Suppose that there are 900 potential buyers and each has a willingness to pay $500 for a mobile phone. (The term "homogenous" means that the potential buyers are identical, exactly alike one another.) Assume that each firm's total production costs TC(q) are given by the function TC(q) = 250q, where q is the quantity of mobile phones produced by the firm. Assume that firms set their prices for mobile phones simultaneously and non-cooperatively. What is your prediction (as an economist) for the market price of mobile phones as a function of the number of firms N? Please state the answer and explain as briefly as possible