Question: 2) Suppose that the long run TC function Is as follows: TC=1000+10Q1 (and total cost is 0 if Q is less than 0). If the

2) Suppose that the long run TC function Is as follows: TC=1000+10Q1 (and total cost is 0 if Q is less than 0). If the going price In the industry is $300, Is the market In long run equilibrium? Show the adjustment using an industry and lndlvldual firm graph

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