The producer wants to maximize profit () by solving the following maximization problem, where q is output and TC(q) is the total cost function. max nt = pq - TC(q) A. In a market in perfect competition, producers cannot affect the price of the product, i.e., p is given by the market. What are the characteristics of a market under perfect competition? B. Which markets are close to being in perfect competition? Give two examples. C. Which market structure is the opposite of perfect competition? Briefly explain and give one example. D. Solve the maximization problem above and find the profit maximization condition under perfect competition. E. Suppose that TC(q)= 40q, find the equation of the supply curve for this producer and show it in a graph F. Now suppose that TC(q) - 5 + 40q-, find the equation of the supply curve and show it in a graph