The market for wheat is perfectly competitive and is characterized by the following:

• Short-run market price: $5/unit
• Market Demand: P = 100 - Q

where Q denotes total quantity of units of wheat sold per day (in hundreds) and P is the price per unit in dollars.

Each firm that produces wheat has is characterized by the following long-run cost curves:

• Total Cost = 2q² + 242
• Marginal Cost = 4q

where q is the quantity of units of wheat sold per day by each firm (in hundreds).

Solve for the following in the long-run:

1. equilibrium price (P)
2. firm-level quantity (q)
3. market quantity (Q)