1L [Prot Maximization in a perfecy oompetiiiye market}. Using the new market price that you calculated in question 3 and assume that your farm's weekly oost function is unchanged: Tom) = $103.53 + $29 + $030450: a. [3 points]: II..I"..I'l".a.t is the new profit maximizing output level (9') for your farm? b. [3 points} What are your farm's weekly prots at the new prot maximizing output level? (2. [3 points} Is this market at iis longrun equilibrium? If yes, explain why. If not, discuss what will happen to restore the market to its longrun equilibrium