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Each of the 10 firms in a competitive market has a cost function of C = 25 + q 2, so its marginal cost is

Each of the 10 firms in a competitive market has a cost function of C = 25 + q 2, so its marginal cost is MC = 2q. The market demand function is Q = 120 - p. Determine the equilibrium price, quantity per firm, and market quantity

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