Question: I am studying for my test and need the correct answer with the work provided. Thank you :) 2) Each of the 10 firm in

I am studying for my test and need the correct answer with the work provided. Thank you :)

2) Each of the 10 firm in a competitive market has a cost function of TC(q) =25 +q2. The market demand function is Q=120 P. Determine the equilibrium price, quantity per firm market quantity. What effect does a specific tax of $2.40 per unit have on equilibrium price and quantities

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