Jagad is competing in the perfectly competitive COVID face mask industry with cost curves below. The market price is $7.50. A profit-maximizing firm would: Price and cost 16 15 14 13 ATC AVC MC N Quantity O Produce between 10 and 11, for a positive economic profit Produce about 9, for an economic profit of less than $5 Produce about 10, for an economic profit of about $20 O. Produce between 10 and 11, for an economic profit of about $0 O Produce about 9, for an economic profit of over $9Assuming this producer of remesivir (a drug effective at combating COVID-19) is free to charge whatever price they want. What would max profits be? $900 $800 $400 $340 $200 atc $100 mc 200 250 600 700 Q O $175,000 O $100,00 O $180,000 O $115,000 O $120,000 O $200,000Consider the graph below - cost curves for COVID mask production. An error in the cost curves below is that: Price and cost 16 15 14 13 ATC AVC 12 MC N Quantity O AVC cannot be rising if ATC is falling (after Q = 7) O Total cost are greater at Q = 8 than at Q = 10 O Total cost are greater at Q = 10 than at Q = 8 O' None of the other answers illustrates are error O Fixed costs appear to be greater at Q = 13 than at Q = 10