In 2015, the average variable cost of producing wheat in Canada was close to $5 per bushel. Suppose that technological progress reduces the average variable 10- cost to $1 per bushel. Use a figure to show how this change affects the supply curve of a typical competitive firm and the supply curve of all the firms in the market. 1.) Using the line drawing tool, graph the supply curve for a typical competitive firm when the average variable cost of producing wheat is $5 per bushel. Label this 's " p, $ per bushel of wheat 2.) Using the line drawing tool, graph the supply curve for a typical competitive firm when the average variable cost of producing wheat is $1 per bushel. Label this 's"." 3- Be sure to start both of your supply curves at the vertical axis. 2- Carefully follow the instructions above, and only draw the required objects. 10 Q, bushels of wheat