Figure 14-4 Price ATC PA AVC Pa P2 Q1 Q2 Quantity Refer to Figure 14-4. When price falls from P3 to P], which of the following does the firm find? It should produce Q ] units of output. O It should produce Q3 units of output. Fixed cost is higher at a production level of Q 1 than it is at Q3- O It is unwilling to produce any output