For the following questions follow the instructions given carefully.

A Given two firms with the following cost functions C , ( y , ) = 42 and C2 (42 ) = 2 42 Required : ay Get the supply curves and illustrate graphically. (Be sure to label the axis correctly. Handwritten) B Suppose the are in identical firms and each with cost function, cly) = 4- to. Show that as in increases, price reduces I Two duopoly firms face market demand of y- 25 - 1P Assume the firms face a marginal cast of Way to perunit of output. Calculate, q, and The