Question: Consider a markaet with demand function Q = A Bp in which every potential firm has cost function c ( q ) = K +

Consider a markaet with demand function Q = A Bp in which every potential firm has cost function
c(q)= K +\alpha q +\beta q2 where \alpha >0 and \beta >0. Find the long term equilibrium price, output per firm,
aggregate output, and number of firms.

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