Suppose that the Big Toy company is the sole producer of a new trendy toy. Demand for this new toy is given by q=37-0.3p, where q is the number of units of the toy that consumers are willing to buy at price p. The total cost for the Big Toy company of producing q units of the new toy is0.5q²+96.

Suppose that the Big Toy company is the sole producer of a new trendy toy. Demand for this new toy is given by q=37-0.3p, where q is the number of units of the toy that consumers are willing to buy at price p. The total cost for the Big Toy company of producing q units of the new toy is 0.5q-+96. How many units of the new toy will the Big Toy company produce? (Use up to two decimal points in all of your answers below.) Answer: At what price will the Big Toy company sell the toy? Answer: How much profit does the Big Toy company make? Answer: If this were a competitive market, how many units of the toy would be sold? Answer: If this were a competitive market, what would be the price of the toy