Question: $10 . ........ ...... . . . .... . ... ..... . ATC . . . . . . . 1 . . . .

$10 . ........ ...... . . . .... . ... .....

$10 . ........ ...... . . . .... . ... ..... . ATC . . . . . . . 1 . . . . . . . . . . . . . . . . . MC CO . . ..... 8 . . . .. . . . . . . AVC . . . . . . . . .... Cost per unit . . . . . -NWAGON . . . . . . . . . . . . . ... . ...... ..III.. .. . . . .. . . ... . ....; . : . . ... . . . . . . 1 2 3 4 5 6 7 8 9 10 Quantity (in 1,000s) Based on the graph, approximate quantity produced by this purely competitive firm when the market price is equal to $9 is: 10000 units 6000 units 8000 units 7000 units

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