Suppose you are given the following information about a particular industry: QD =16000 -100p Market demand Q5 =1500P Market supply 2 q . . C(q) = 755 + % Firm total cost function 2 Mqu} = % Firm marginal cost function. Assume that all firms are identical and that the market is characterized by perfect competition. :ind the equilibrium price, its equilibrium quantity, the output supplied by the firm, and the profit of each firm. The equilibrium price is $ . {Enter your response rounded to two decimal places.)