Question: May I have the correct answer to this question please? 3. Suppose that the total cost of producing pizzas for the typical firm in a

May I have the correct answer to this question please?

3. Suppose that the total cost of producing pizzas for the typical firm in a local town is given by:C(q)=2q+2q2. In turn, marginal cost is given by:MC=2+4q. a. Show that the competitive supply behavior of the typical pizza firm is described by:q=p/4 - 1/2. b. If there are 100 firms in the industry,

each acting as a perfect competitor, show that the market supply curve is, in inverse form, given by:P=2+Q/25.

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