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Please solve Question No. 2 (2, 4, 4) Ali owns a pump of water in his village. Since pumping large amounts of water is harder

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Question No. 2 (2, 4, 4) Ali owns a pump of water in his village. Since pumping large amounts of water is harder than pumping small amounts, the cost of producing a bottle of water increases as he pumps more. Here is the cost he incurs to produce each bottle of water: Cost of first water bottle $1 Cost of second water bottle3 Cost of third water bottle LOT Cost of fourth water bottle 7 a. From this information, derive Ali's supply schedule. Graph his supply curve for bottled water. b. If the price of a bottle of water is $4, how many bottles does Ali produce and sell? Ho w much producer surplus does Ali get from these sales? Show Ali's producer surplus in your graph. c. If the price rises to $6, how does quantity supplied change? How does Ali's producer surplus change? Show these changes in your graph

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