uppose that each identical firm in a competitive market has the following total cost unction: TC - 722 + N 200 hat is the same in the short and the long run. how all your calculations (3 points) What is the short-run supply curve for each firm (write q as a function of ? (2 points) Suppose the market demand is Qp=6500-100P and the market supply arve is Q=1200P. Find the short-run equilibrium market quantity and price. (2 points) How much output will each firm produce? How much profit will each m make in the short run? If if late the long