a. if the short run market price is $2, how many units will the profit maximizing firm above produce?

Assume that the firm above operates in a perfectly competitive market. a. If the short-run market price is $2, how many units will the profit-maximizing firm above produce? b. Assume the market is in short-run equilibrium and this firm is earning normal profits. What must be the market price? c. If the market price in the short run is $6, what will this firm's total revenue be? d. Explain how the short-run price from part (c) could move to the long-run equilibrium price level. e. If the government instituted a lump-sum tax, which of the curves above would move, if any? (5 points)