GUSTOlle The Industry is composed of 100 identical firms with costs 9 TC VC FC AVC ATC MC O 3 1 6 2 12 3 3 21 4 33 5 48 6 66 a) Complete the preceding Table. b) Assuming that the market price is p-6, what are the quantity produced by each firm and the profit it makes? Suppose that the market demand schedule is as follows: 800 P 0 3 5 3 700 6 600 9 500 12 400 15 200 Is the pricep - 6 a short-run equilibrium price? If not, what is the short-run equilibrium price? d) Assuming that the minimum LRATC is 6, what is the long-run equilibrium price? How many firms would be in the industry in the lon run and how mu would each one of them produce