Deriving the short-run supply curve onsider the competitive market for sports jackets. The following graph shows the marginal cost (MC), average total cost (ATC), and average variable ost (AVC) curves for a typical firm in the industry. On the following graph, use the orange points (square symbol) to plot points along the portion of the firm's short-run supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.) Note: Dashed drop lines will automatically extend to both axes. Note: Dashed drop lines will automatically extend to both axes. vill neither enter nor exit ome firms will enter some firms will exit At the current short-run market price, firms will in the short run. In the long run, Deriving the short-run supply curve onsider the competitive market for sports jackets. The following graph shows the marginal cost (MC), average total cost (ATC), and average variable ost (AVC) curves for a typical firm in the industry. On the following graph, use the orange points (square symbol) to plot points along the portion of the firm's short-run supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.) Note: Dashed drop lines will automatically extend to both axes. Note: Dashed drop lines will automatically extend to both axes. vill neither enter nor exit ome firms will enter some firms will exit At the current short-run market price, firms will in the short run. In the long run