In a perfectly competitive market:

the market price is 30

Marginal cost (MC) = 2(Q) + 8

average total cost at equilibrium is 34, and

average variable cost at equilibrium is 9

Part 1: The profit maximizing price is?

Part 2: The profit maximizing quantity is?

Part 3: Total revenue is?

Part 4: Total cost is?

Part 5: Average fixed cost is?

Part 6: Total fixed cost is?

Part 7: Total profit/loss is?

Part 8: Marginal revenue is?

Part 9: At this market price, would firms

1. Enter the industry?

2. leave the industry?

3. There is no incentive to enter or leave the industry?