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Please show work, steps taken, and explain how the answer was found.

Suppose a representative firm in a perfectly competitive market has short-run total costs of TC = q²-50q+1000.

a. Find the representative firm’s short-run supply curve.

b. Find the market supply curve if there are 350 firms in the industry..

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720576

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