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The following graph shows the daily market for medium cardboard boxes in San Francisco. (?) 20 Demand Supply 16 14 12 10 PRICE (Dollars per
The following graph shows the daily market for medium cardboard boxes in San Francisco. (?) 20 Demand Supply 16 14 12 10 PRICE (Dollars per medium box) 2 3 5 9 10 QUANTITY (Millions of medium boxes) Suppose that Vesoro is one of more than a hundred competitive firms in San Francisco that produce such cardboard boxes. Based on the preceding graph showing the daily market demand and supply curves, the price Vesoro must take as given is $2 3 4 5 6 9 10 QUANTITY (Millions of medium boxes) Suppose that Vesoro is one of more than a hundred competitive firms in San Francisco that produce such cardboard boxes. Based on the preceding graph showing the daily market demand and supply curves, the price Vesoro must take as given is | $ Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Quantity Price Total Revenue Marginal Revenue Average Revenue Boxes (Dollars per box) (Dollars) (Dollars) (Dollars per box) 0 N 3 The demand curve that Vesoro faces is identical to which of its other curves? Check all that apply. Average revenue curve O Marginal cost curve Marginal revenue curve O Supply curve
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