2. The demand curve facing a price-taking firm Talero is one of more than a hundred competitive price-taking firms in New York City that produce medium-size cardboard boxes for moving. The following graph shows the daily market demand and supply curves facing the medium-size box industry. 20 Demand 18 Supply 16 14 12 10 PRICE (Dollars per medium-size box) 6 4 N 0 1 2 3 4 5 6 7 8 9 10 QUANTITY (Millions of medium-size boxes)On the following graph, use the green line (triangle symbol) to plot the demand curve for Talero's medium-size cardboard boxes. (Hint: Remember that price-taking firms must accept the given market price.) 20 1B 16 __ Demand 14 12 1o PRICE (Dollars per medium-size box) 0 i | | | | | | | | | O 1 2 3 4 5 6 7 8 9 10 QUANTITY (Thousands of medium-size boxes) In the following table, ll in the price and the total, marginal, and average revenue Talero earns when it produces 0, 1, 2, or 3 boxes each day. Quantity Price Total Revenue Marginal Revenue Average Revenue (Boxes) (Dollars per box) (Dollars) (Dollars) ( Dollars per box) 0 O 1 _ 2 3 The demand curve that Talero faces is identical to which of its other curves? Check all that apply. C] Marginal cost curve C] Supply curve C] Marginal revenue curve C] Average revenue curve