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The theory of perfect competition is based on the following four assumptions: 1. There are many sellers and many buyers, none of which is large in relation to total sales or purchases. 2. Each firm produces and sells a homogeneous product. 3. Buyers and sellers have all relevant information about prices, product quality, sources of supply, and so forth. 4. Firms have easy entry into and exit out of the market. A perfectly competitive firm is a price taker, which is a seller that does not have the ability to control the price of its product: in other words, such a firm "takes" the price determined in the market. Vesoro Is one of more than a hundred perfectly competitive firms in Detrolt that produce large cardboard boxes for moving. The following graph shows the dally market demand and supply curves facing the large cardboard box Industry. On the following graph, use the green ine (triangle symbol) to piot the demand curve for Vesoro's large cardboard boxes. (Hint: Remember that perfectly competltive firms must accept the given market price.j In the following table, fil in the price and the total and marginal revenue Vesoro earns when it produces 0,1 , 2 , or 3 boxes each day. The demand curve that Vesoro faces Is Identical to which of lts other curves? Check all that apply. Total revenue curve Marginal cost curve Marginal revenue curve Supply curve