Suppose a stream is discovered whose water has remarkable healing powers. Any person wishing to bottle and sell this water faces a cost of C(q) = 0.4q2 + 200,000, where q is bottles per day. Market analysis shows consumers have a market demand of P = 2,640 4Q where Q is bottles per day. For each of the following scenarios find: total output, output per firm, market price, total cost of production, and profits per firm

D) The government breaks your company up into two (2) identical but competing companies each with the cost function given above. Consumers have no preference between the firms, so they each face a perfectly elastic demand curve.