Question 2 All firms in the perfectly competitive sword manufacturing industry in Midgar have the following long-run total cost curve for q units: LTC(q) = q - 10q2 + 120q. (a) Compute the quantity produced by each firm and the long-run price in this market for swords. (b) Suppose the government imposes a tax of $5 on each sword sold in Midgar. What is the (i) price faced by consumers and (ii) output per firm in the after-tax world of Midgar