Consider an industry with 60 firms. Using this information, please: a. Find short-run industry supply for 60 firms, each with TC = 5q + 15q2 + 20. b. Calculate (price elasticity of supply) for firm at q = 3 c. Calculate (price elasticity of supply) for industry at Q = 180 d. Find equilibrium (p, Q, q) if Qd = 25 – 5p

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