Suppose you are the manager of a company (producing shoes) operating in a competitive market The cost function is given by TC(Q) = 3'00 + 7Q + ZQZ (Q = quantity in pairs] (D Using the above information, answer the following questions: i. What is the Fixed Cost of the company? if. 1What is the Variable Cost of the company? iii. What is the Marginal lCost of the company? Write the equation for the prot function ( TECQ) ) of your company? C3} Derive the condition for prot maximization for your company {use P for price}. ED If the price is $107 per pair, how many pairs of shoes would you produce to maximize the prot? 6} What is the prot of the company at the above point