1. The market price for radishes is $0.11/lb. and is already indicated on the graph as the line that passes through the point where the MC intersects the AVC. Show on the graph the maximum possible profit for that chosen price. You must clearly indicate the total revenue (TR) box and the total cost (TC) box as well as the total profit (Tit) box in the graph that determine the profit. Use different colored highlighters to show the different areas. Also explain how the profit is either positive or negative. Finally, show what the total fixed cost (TFC) box is and explain why it is the same size as the profit box. $0.70 0.60 MC 0.50 0.40 P, MR, ATC, and MC per pound 0.30 ATC AVC 0.20 0.10 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 Pounds of radishes per month