Question: Solve for the long-run equilibrium price, the equilibrium quantity demanded and supplied at the market level, the quantity supplied by an individual firm in equilibrium,

Solve for the long-run equilibrium price, the equilibrium quantity demanded and supplied at the market level, the quantity supplied by an individual firm in equilibrium, and the equilibrium number of firms, given the market demand curve and the marginal and average cost curve for a typical firm.

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