Click the following icon to view additional information necessary to complete the exericse. Suppose market demand for oil increases to ?2, ?as illustrated in the reference figure. In the graph for the representative firm, show the new long-run average cost curve. Using the three-point curved line drawing tool, on the figure to the right, graph the new long-run average cost curve. Label this curve ????2. ?Carefully follow the instructions above, and only draw the required object.

Click the following loon to view additional information necessary to complete the exericse, 340 Suppose market demand for oil Increases to Do, as illustrated in the reference 330 figure. in the graph for the representative firm, show the now long-run average LRAG post curve. Using the three-point curved line drewing tool, on the figure to the right, graph the new long-run average cost curve. Label this curve LRAG,. Care'bly follow the Instructions above, and only draw the required object. 40 03 06 09 12 15 10 21 24 27 Duput (Darrels per day in HOOs)