Suppose a monopoly firm has a demand curve estimated as P = 5 - 0.01Q where P is price and Q is quantity. Suppose that MC = $1. If a new firm with the same MC was to enter a new product based on the monopolist's residual demand, what would the new firm's penetration price be? (this one requires a few steps...i.e. you need to find the residual demand curve first). O $2.00 O $200.00 O $3.00 O $100.00