Course Hero * Southern New Hampshire Univer x Home X B 6-1 Quiz - ECO-201-T2864 Micro x MindTap - Cengage Learning X + X A ng.cengage.com/staticb/ui/evo/index.html? deploymentld=5981412353502464190243042516&eISBN=9780357133576&id=1327466632&snapshotld=2654212& Ramel CENGAGE |MINDTAP Q Search this course ? My Home Module Six Quiz X Courses Back to Assignment Catalog and Study Tools Attempts Keep the Highest / 3 A-Z Rental Options 10 . Competitive Supermarkets College Success Tips A small town is served by many competing supermarkets, which all have the same constant marginal cost. Career Success Tips Use the black point (plus symbol) to show the competitive price and quantity in this market. Then use the green area (triangle symbol) to shade the ? Help area representing consumer surplus in the market for groceries, and use the purple area (diamond symbol) to shade the area representing producer surplus. Give Feedback (?) Competitive Market Demand Competitive Outcome A At Consumer Surplus Marginal Cost Price, Cost, Revenue Producer Surplus O Quantity of Groceries Now suppose that the independent supermarkets combine into one chain. 1 9:03