Question 2 Below, you are provided with the firm-level demand, marginal revenue, and relevant cost curves for Knight Trucks. Knight Rider produces electric pick-up trucks in the monopolistically competitive pick-up truck market. Suppose, initially, that this graph depicts the scenario in which trucks are not traded internationally. ... ......... ........ ...A..... &.......;..... $ 60k 2. ........... ... MC ATC . ..;. !. ..: $50k ... ... ..... $ 40k $30K Co........ ... .. .. $20k ... ....!. Demand: $ 10k .5........ .... ...&.... ...... .. . . 15 2:0] 25 3:0 35 Quantity of Bedric Trucks [in thousands) Part (): Suppose that the United States does not trade electric pick-up trucks internationally. Identify the profit-maximizing number of electric trucks that Knight Rider will sell. A. 5,000 electric pick-up trucks B. 7,500 electric pick-up trucks C. 10,000 electric pick-up trucks D. 12,500 electric pick-up trucks E. 15,000 electric pick-up trucks Part (ii): Suppose that the United States does not trade electric pick-up trucks internationally. Identify the profit-maximizing per-truck price that Knight Rider will charge. A. $35,00 B. $40,000 C. $45,000 D. $50,000 E. $55,000 Part (ili): Suppose that the United States does not trade scooters internationally, and that Knight Rider produces and sells the quantity that you identified in part (i). How much profit does Knight Rider earn? A. B. $25,000,000 C. $37,500,000 D. $43,000,000 E. $48,500,000