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Suppose that all firms in a constant-cost industry have the following long-run cost curve: c(q) = 4q2 + 100q + 100 The demand in this

Suppose that all firms in a constant-cost industry have the following long-run cost curve: c(q) = 4q2 + 100q + 100 The demand in this market is given by QD = 1280 - 2p. Suppose the number of firms in the market is restricted to 80

Derive the supply curve with this restriction. Find the market equilibrium price and quantity with the restriction.

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