1. Your company produces specialized driver assistance programs that are specific to local traffic laws. Your product is purchased by domestic car manufacturers. There is another company however, that produces a prod- uct very similar to yours. The demand for your product is a function of the asking price of your product, Pi, and also the price posted by your competitor, P2. The demand functions for your product Q1 and your competitor's product (, can be generalized with: Q1 = 10, 000 - 4P1 + P2 Q2 = 8, 000 - 3P2 + PI Both your company and the competitor face a constant marginal cost C = 10 to install the software. a. What is the profit function for your company? b. What is the best response function for you, and what is the best response function of your competitor? c. How much do you and your competitor produce, assuming an equi- librium response from both companies? How much is charged for each product? d. How much is your company profiting