Direct-from-Text Homework: Firms in Competitive Markets Now suppose that textile producers in other countries are willing to sell large quantities of cloth in the United States for only $25 per unit On the following graph, use the black point (plus symbol) to indicate the profit maximizing output level chosen by an individual producer in the short run, assuming that U.S. textile producers have large fixed costs. 3 Profit Max $3 Quantity A-Z True or False: In the short run, profits are positive for domestic producers as a result of the imports Direct-from-Text Homework: Firms in Competitive Markets $3 afE Quantity True or False: In the short run, profits are positive for domestic producers as a result of the imports. O True False In the long run, the number of U.S. firms in the industry will decrease Grade Final Step TOTAL SCORE: 114 increase Grade It Now Save &Continue Continue without saving