The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, including firms, is possible. We have identical firms, each with a Total Cost curve of TC=358+q^2 and Marginal Cost curve MC=2q. Market demand is Q=600-2P. If the Marginal Cost for every firm decreases by $10 at every quantity, what is the short-run market price? Hint: first find the number of firms by solving for the original LR equilibrium.

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