1 . The demand curve facing a price taker The following graph shows the daily market demand and supply curves. The equilibrium market price is $25 per extra-large cardboard box. 50 45 Supply 40 35 30 25 PRICE (Dollars per extra-large box) 20 15 Demand 8 9 10 0 2 5 QUANTITY (Millions of extra-large boxes)Suppose Falero is one of over a hundred perfectly competitive firms that produce extra-large cardboard boxes for moving. On the following graph, use the green line (triangle symbols) to plot the demand curve facing Falero for extra-large cardboard boxes. Hint: Remember that perfectly competitive firms can sell all their output at the going price. 50 A Demand 40 35 30 PRICE (Dollars per extra large box) 25 20 15 10 5 10 2 5 8 1 3 6 7 QUANTITY (Thousands of extra-large boxes)In the following table, fill in the total and marginal revenues that Falero earns for the first three boxes it sells each day. Total Output Price Total Revenue Marginal Revenue Average Revenue (Boxes) (Dollars per box) (Dollars) (Dollars per box) (Dollars per box) 0 25 0 25 NJ 25 25 The demand curve that Falero faces is identical to which of its other curves? Check all that apply. Its marginal cost curve Its marginal revenue curve Its average revenue curve Its total revenue curve Its supply curve