00 - S1 : X ECF1100 Indiv X G AR economics x ECF1100 Indiv x Disney+ | Vide x dividual%20Assignment%202%20Sem%201%202022.pdf 1 100% + Only uploaded responses will be accepted. Weighting/Value: 5% Part 1 (6 marks in total - each question is worth 0.25 marks) Consider the diagrams below: Market Competitive firm Price $ Price, cost $ S1 MC S2 ATC AVC P2 P --D2=AR2=MR2 P1 -- D1=AR1=MR1 D2 D1 Q1 Q2 Q3 q1 92 Quantity quantity _ EFND monash.edu/ business-economics EQUIS AME ABN 12 377 614 012 CRICOS Provider No. 00008C ACCREDITED MONASH BUSINESS