please answer the question below:

Stark Industries produces battery and has many competitors producing close substitutes products. The rm has the following revenue and cost functions. rs = lSQ _ 0.3:.)2 TC 2 8Q + 0.02Q2 Where Q is output and price is in $. a. 1:. Identify the market structure the rm is operating in. Explain your choice. Determine the output that maximizes. total revenue. Using marginal approach, determine the output and price that maximizes prot. (Hint: TR =P.Q) Determine the protfloss of the rm. Based on approach in (c), illustrate using completely label diagram for situation that you obtain in (d). Is the rm operating in the short run or long run? Give your reason. (2+4+3+4+s+2 = 25 marks)