Kindly give brief explanation of the ff answerrs per number

ECON 110 Final Examination 2. Movements and Shifts in the Supply Curve (3 PTS.) Possible Answers: G, E, F, H Price a. At price po and quantity qo, the original S' Pa H equilibrium is at point [ ] b. Supposing technology develops and P G reduces the cost of production, selling at the same price po leads to an excess of ..... D supply at point [ ] 9: Quantity c. Reducing production costs will likely lower prices and shift the supply curve to a new equilibrium at point [ ] 3. Production Cost Curves in the Short Run (4 PTS.) Possible Answers: P1, P2, P3, P4 PRICE Marginal Cost a. Point where profit is maximized: [ Average Total Cost b. Point where firm continues to operate at negative profit: [ ] Average Variable Cost c. Point where profit is zero: [ ] d. Point where firm shuts down: [ QI Q2 Q3 Q4 QUANTITY 8