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thank you for your help Question 4 (4 points) Refer to the cost data in the previous question as well as the able below to

thank you for your help

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Question 4 (4 points) Refer to the cost data in the previous question as well as the able below to answer the following questions. Type your answer in the answer boxes. Do not use units or dollar signs. Round your dollar answer to the nearest full dollar. Price Q5 {Total Mitt} Qd {Total Mkt) $360 2000 800 290 1800 1000 230 1600 1200 200 1400 1400 140 1200 1600 110 1000 1300 B0 800 2000 #1. What will equilibrium price be? #2. What will equilibrium output be for each firm? #3. What will the profit or loss be for each firm at equilibrium? #4. Will firms enter or exit this industryr in the long run

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