In Bayonne, NJ there is a large beauty salon and a number of smaller ones.The total demand function

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In Bayonne, NJ there is a large beauty salon and a number of smaller ones.The total demand function for hair styling per day is Q=180 – 10P, where P is in dollars Themarginal cost function of all the small salons together is SMCf = 4+ 0.1Q and the marginal cost function of the dominant or leading salon is MCl= 7+0.1Q

e) What would be the best level of output and price if the large salon did exist in the market but operated
as a perfect competitor, just like the small salons?

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