What steps what I take to solve these. Please include formulas. Thank you!

MC ATC 12 P = MR Cost per unit 2 0 200 700 1,000 1,400 q Bushels of soybeans Question A Note: Farmers growing soybeans are producing in a perfectly competitive industry 1. The total cost of producing 200 bushels is $ 2. The profit maximizing quantity that this farmer will produce is bushels 16 3. At profit maximization, total revenue = $ total cost = $_, and profit = $ 4. In the long-run, the price per bushel will (increase/decrease) because there will be _(entry/exit) in the industry. The long-run equilibrium price will be $_