The market for apple pies in the city of Ectenia is competitive and has the following demand schedule: Price Quantity Demanded 1 1 ,200 2 1,100 3 1,000 4 900 5 800 6 700 7 600 8 500 9 400 10 300 1 1 200 12 100 13 0 ?roducer in the market has fixed costs of $9 and the following marginal cost Quantity Marginal Cost 1 2 2 4 3 6 4 8 5 10 6 12 Compute each producer's total cost and average total cost for l to 6 pics. The price of a pie is $11. How many pics are sold? How many pies does each produce] make? How many producers are there? How much prot does each producer earn? Is the situation described in part (b) a longrun equilibrium? Why or why not? Suppose that in the long run there is free entry and exit. How much profit does each producer earn in the longrun equilibrium? What is the market price? How many pies does each producer make? How many pics are sold in the market? How many pie producers are operating