Output	TC	MC	ATC
25,000	$100,000	$0.50
50,000	150,000	1.00
75,000	187,500	2.50
100,000	275,500	3.00

.

b. Is this a decreasing-cost industry?

c. Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.

How many firms will there be in this industry?

d. Suppose that, instead, the market quantity demanded at a price of $2.50 is only 75,000.

How many firms do you expect there to be in this industry?

e. Review your answers to parts b, c, and d. Does the level of demand determine this industry