I need help with finding out if my area is right and how to do the last part of the problem.

arning CENGAGE MINDTAP .com/staticb/ui/evo/index.html?elSBN=9781305648173&id=6324068048snapshotld=1447150& lomework (Ch 09) Suppose that the market for frying pans is a competitive market. The following graph shows the daily cost curves of a firm operating in this market. Hint: After placing the rectangle on the graph, you can select an endpoint to see the coordinates of that point. (? ) 100 80 PRICE (Dollars per pan) 8 8 Profit or Loss O 8 ATC 30 O O AVC 10 10 15 20 0 35 40 45 QUANTITY (Thousands of pans per day) In the short run, at a market price of $50 per pan, this firm will choose to produce 30,000 pans per day. On the preceding graph, use the blue rectangle (circle symbols) to shade the area representing the firm's profit or loss if the market price is $50 and the firm chooses to produce the quantity you already selected. Note: In the following question, enter a positive number, even if it represents a loss. The area of this rectangle indicates that the firm's profit _ would be thousand per day in the short run. Grade It Now Save & Continue Continue without saving acer F9 F10 F7 F8 F4 F5 F6 F2 F3 K A & @ # LA OO 5 E 6 4 2 3 W m R Q G H O A B