Suppose that a firm's production function is 2000- q=3x05 1800- in the short run, where there are fixed costs of $2,000, and x is the variable input whose cost is $225 per unit. 1600- What is the total cost of producing a level of output q? In other words, identify the total cost function C(q). 1400- The total cost of producing a level of output q is 1200- Dollars per unit of output 1000- O A. 225q2 C(q) = 800- 600- O B. C(q) = 2,000. 400- O C. C (q) = 2,000 + 200- OD. Q 2 2 6 8 10 12 14 16 18 20 C(q) = 2,000 + - Quantity O E. 225q C(q) = 2,000 + - 9 Write down the equation for the supply curve. The supply curve is O A. P =2,000 + 25q. O B. P= 25q. O C. P = 25q. O D. P = 50q. O E. P = 100q. If price is $600, how many units will the firm produce? The firm will produce units of output. (Enter your response rounded to two decimal places.) What is the level of profit? Profit equals $ . (Enter your response rounded to two decimal places.) Illustrate your answer on a cost-curve graph. 1.) Using the line drawing tool, draw the marginal cost curve. Label it 'MC'. 2.) Using the point drawing tool, indicate the profit-maximizing quantity at the market price. Label it 'A'. Carefully follow the instructions above, and only draw the required objects