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Question: Suppose there are 10 firms in a perfectly competitive market, with each facing the following shor...

Show transcribed image text Suppose there are 10 firms in a perfectly competitive market, with each facing the following short-run total cost: TC = 16 + q^2, where q is each individual firm's output.

Suppose there are 10 firms in a perfectly competitive market, with each facing the following short-run total cost: TC = 16 + q^2, where q is each individual firm's output.