The daily cost of producing pizza in New Haven is C(Q) = 4Q + (Q2 / 40)
Question:
C(Q) = 4Q + (Q2 / 40)
The marginal cost is
MC = 4 + (Q / 20)
What is the market supply function if there are 10 firms making pizza? If 20 firms are making pizza. What is the market supply curve under free entry?
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