a. What are the market’s equilibrium price and quantity? (2 pts)  

b .What is the firm’s equilibrium price? (2 pts)

c. What is the firm’s cost (total cost, the variable cost, and fixed cost)? (3 pts)

d .What is the firm’s average cost (average total cost and average variable cost)? (2 pts)

e .What is the firm’s marginal cost? (2 pts)