Market demand is given as qd = 200 – 3p. market supply is given as qs = 2p + 100. each identical firm has mc = 0.5q and atc = 0.25q. what quantity of output will a typical firm produce?

Upon solving the problem presented with multiple values givens, I’ve come up that the quantity of output that a typical firm would produce is 40. I am hoping that this answer has satisfied your query about this specific question, thank you and have a nice day.

it will cost dollar $540

the living room is 3 which means if we divide 325/3 then we get $108

therefore if 1part of the living room cost $108 and 3 costed $325

then total 5part of the room will cost 5*108 which gives $540