Price ($) Firm Level Price (35) Market Level 5 Quantity 5000 Quantity Figure 2 14. Refer to Figure 2. This gure shows an individual firm's marginal cost structure (left pane) and demand for the product at the market level (right pane]. If there are 800 identical firms in this market, what is the equilibrium price and quantity? a) P=$5;Q=3000 b) P=$4;Q=4000 c) P=$3;Q=5000 d) P=$2;Q=6000