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There are ten identical firms producing cosmetics. and the short-run total cost curve for each firm is STC(q) = 5q2 + 10q + 25. a.

There are ten identical firms producing cosmetics. and the short-run total cost curve for each firm is STC(q) = 5q2 + 10q + 25. a. What is the firm's short-run supply curve? What is the market short-run supply curve? b. Calculate the perfectly competitive output and price, given the market demand function QD = 200 - 2p. c. Calculate consumer and producer surplus

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