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The Brick Tamland Lamp Division of the Fantana Corp. is in the lamp industry and is considered perfectly competitive. The market price for a standard

The Brick Tamland Lamp Division of the Fantana Corp. is in the lamp industry and is considered perfectly competitive. The market price for a standard lamp is $50. The firm's weekly cost structure is as follows:

TC = 1000 + 2Q + 0.25Q²

MC = 2 + 0.5Q

What do you expect to happen in the market over time?

dont answer by pen paper

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