Please help me answer this question. Its for my midterm review and I cant study a question that I dont understand how to do

You'll need to solve this problem in a white sheet of paper. Write clearly what is part 1, 2, 3 etc. When finished, take a photo; email it to yourself; and then upload the photo in the link below. Question The market for roasted bark is perfectly competitive. The demand is given by P = 1000 - 0.5Q . Supply is provided by competitive firms, each with long-run total cost curves equal to TO (qi ) = q; - qi + 25 . 1. Suppose that the market-clearing price of roasted bark is P = 11 . Calculate (1) the market quantity, Q; (2) the quantity supplied by firm i, q; and (3) profits, 7: . (3 points) 2. Draw two graphs, side by side. On the left graph, draw the market demand and (short run) supply curves, with equilibrium price and quantity. On the right side, sketch the LMC and LAC (don't worry about drawing a "correct" LAC--the usual shape we have seen in class is sufficient). Identify 9: and ; in the graph. (3 points) 3. Calculate the CS in this equilibrium. (1 point) 4. Explain in three sentences or less what happens to this market in the long run. In your graphs, identify the long run market equilibrium. (2 points) 5. Calculate (1): the quantity qi supplied in the long run by each competitive firm; (2) the long-run price; (3) the long-run consumer surplus. (3 points)