Sign in Homework: Perf X MindTap - Ceng X Interactive Book X MindTap - Ceng X Q Dozens of comp X Dashboard + X C https:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=5813538219621591114194498&elSBN=978133... A" CENGAGE | MINDTAP Q Search this course ? Homework: Perfect Competition (Ch 22) X 2. The demand curve facing a perfectly competitive firm Falero is one of more than a hundred perfectly competitive firms in Chicago that produce large cardboard boxes for moving. The following graph shows the daily market demand and supply curves facing the large cardboard box industry. A-Z E (?) EI 40 + 1 2 36 Supply 32 Demand bongo 28 5, 20 24 20 PRICE (Dollars per large box) 16 ? 12 A+ A O 5 8 9 10 QUANTITY (Millions of large boxes) Breaking news 11:29 AM FTX Founder Sa... Q Search 3/28/2024Sign in Homework: Perf X MindTap - Ceng X Interactive Book X MindTap - Ceng X Q Dozens of comp X Dashboard + X C https:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=5813538219621591114194498&elSBN=978133... A" CENGAGE | MINDTAP Q Search this course ? Homework: Perfect Competition (Ch 22) X On the following graph, use the green line (triangle symbol) to plot the demand curve for Falero's large cardboard boxes. (Hint: Remember that perfectly competitive firms must accept the given market price.) A-Z E (?) T 40 EI A 36 Demand + 32 28 bongo 24 20 PRICE (Dollars per large box) ? A+ A 2 3 4 5 6 8 9 10 QUANTITY (Thousands of large boxes) O Breaking news 11:30 AM FTX Founder Sa... Q Search 3/28/2024Sign in Homework: Perf X MindTap - Ceng X Interactive Book X MindTap - Ceng X Q Dozens of comp X Dashboard + X C https:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=5813538219621591114194498&elSBN=978133... A" CENGAGE | MINDTAP Q Search this course ? Homework: Perfect Competition (Ch 22) X 2 3 5 6 8 9 10 QUANTITY (Thousands of large boxes) A-Z E o EI In the following table, fill in the price and the total and marginal revenue Falero earns when it produces 0, 1, 2, or 3 boxes each day. + Quantity Price Total Revenue Marginal Revenue 1 2 (Boxes) (Dollars per box) (Dollars) (Dollars) 0 0 bongo 1 2 3 The demand curve that Falero faces is identical to which of its other curves? Check all that apply. ? O Supply curve A+ Total revenue curve Marginal revenue curve O Marginal cost curve Grade It Now Save & Continue 1 43OF Q Search 11:30 AM Mostly cloudy 3/28/2024