Suppose now there are N (N>2) identical firms in the market with the same marginal cost ($20) and market demand function (Q = 60 P/2). Now the market quantity is Q = Q1 + Q2 + + . Fill in the "Market Price", "Market Quantity", "PerFirm Profits", and "Total Profits" in the table below.

# of Firms Market Price Market Quantity Per-Firm Profits Total Profits

2 $53.3 33.3 $555.6 $1,111.1

3

5

10

100