mmm identical firms with C(q)=q2+1C(q) = q^2 + 1C(q)=q2+1. Industry demand D(P)=a−bPD(P) = a - bPD(P)=a−bP, a,b>0a,b > 0a,b>0. Short-run equilibrium output per firm?
000
a/(m+2b)a/(m + 2b)a/(m+2b)
a/(m2+b)a/(m^2 + b)a/(m2+b)
a/(m+b/2)a/(m + b/2)a/(m+b/2)
