The equilibrium price in a perfectly competitive market is equal to $10. The firms in this market have a short-run total cost function equal to SRTC=100+5q, where q is the number of units that they produce.In your essay,address each of the points below separately.You can assume this is the short run for the question, but it does not matter for your answer.

a). What is different about the marginal cost curve in this question?

b) Using your understanding of profit maximization,how many units should each firm produce to maximize profit and why?

c) How would your answer change if the equilibrium price was equal to $2?Explain your answer.