Question $8$:

What would total revenues, total production costs, and Producer Surplus be if businesses had estimated they could sell $24$ units instead of $32.$ Identify these areas in the graph.

Question $9$:

Cross$-$hatch the area in the graph that represents the loss in Producer Surplus associated with the lower production level.

Question $10$:

Identify the change in total production cost associated with the decrease in the number of units produced. Color in the area lightly.GRAPH $2$: