Assume a competitive firm faces a market price of $75, a cost curve of: C= 0.25q^2+25q+1600

and a marginal cost curve of:: MC-= 0.5q+25.

The firm's profit maximizing output level is100.00 units, the profit per unit is $9.00, and total profit is: $900.00.

However, if the firm wanted to maximize the profit per unit, how much would it produce?

a. It would produce..... units. (round your answer to two decimal places)

b. If the firm produced this output level, what would be the profit? (round your answer to the nearest penny)