There are 46 identical firms in the market of good X. The individual firm's short run total cost function is given by: = 340 + 4 + 3 2 . The sunk costs amount to $148. The market demand for X is given by: () = 996 4.

a. Find, and draw, the short-run supply curve of the firm.

b. Find the short-run equilibrium in this market (equilibrium price, quantity in the whole market, quantity produced by the individual firm)