Suppose a chemical company is in a perfectly competitive industry and has a short run total cost curve of TC = 1/3q³ + 5q² + 10q + 10 and a short run marginal cost of SMC = q² + 10q + 10. At the price of 49, how many will be produced?

Suppose there are 100 firms each with a short run total cost of STC = q² + q + 10, so that marginal cost is MC = 2q +1. If market demand is given by Q_D = 1050 - 50P, how much will the individual firm produce?

Suppose there are 100 firms each with a short run total cost of STC = q² + q + 10, so that marginal cost is MC = 2q +1. The supply curve for each firm is

Suppose there are 100 firms each with a short run total cost of STC = q² + q + 10, so that marginal cost is MC = 2q +1. If market demand is given by Q_D = 1050 - 50P, what is the equilibrium price?