Please see below the question and the diagram.

Question B (8 points] Don't lose your work . SAVE OFTEN. Save by clicking outside the text box. (A "saved' message appears at the top of the question) Question 81: Part 2: [Must NOT do if you have done Questions 9 or 10] With reference to the diagram, explain its component parts and (Il) present an analysis of the role of quasi-fixed costs in a recession when the demand for output falls and contrast with a firm without quasi-fixed costs VMP VMP VMP . (H+T)