Ls} {15 points} There are three identical producers in the market, the supply of each rm is q=p2 when p.33. If one producer drop out of the market for no reason. Claim: the market supply is less elastic responding to price ehnnge. {b} (15 points) Glsitn: ii the isoqusnts of n production function are all straight lines, it is still {sensible that it has increasing returns to scale. to} {15 points] Nun's supply of :nieroeeonomie questions enn be written ns q: 1000. Claim: Nun's supply of mieroeeononiio questions is not too sensetitre to the change of price, because the price 'elesitio of the supply is innitely high