Figure 22-2 ATC AVC 2 Price and Cost PI d, MR 0 01 Quantity Refer to Figure 22-2. Where can you find the lowest price that will motivate the firm to produce Q1 in the short run? O P1 O At the horizontal line running to "ATC" O At the horizontal line running to "AVC" O $0Figure 24-2 Price C onlypoint at which P2 demand curve touches ATC curve B lowest point on ATC curve P1 - MR = MC Q1 Q2 Quantity Refer to Figure 24-2. In the graph, O the demand curve and the marginal revenue curve are the same. O if the firm produced Q2, it would be taking a loss. O the MC curve must have a downward-sloping portion and an upward-sloping portion. O the MC curve must intersect the ATC curve at point A