16. (02.03 MC) Use the graph to answer the question that follows. (1 point)

Demand for Product Z 12 10 4. 10 8 8.8 Price (Dollars) 6 16,6 4 24.4 30. 2 0 0 10 15 20 25 30 35 Quantity (Pounds)Demand for Product Z 12 10 4. 10 8 8.8 Price (Dollars) 6 16,6 4 24.4 30. 2 0 0 10 15 20 25 30 35 Quantity (Pounds)Price Supply A Pl = B P2 F C H P3 - - - - D G L - - Demand Q1 Q2 Q3 Quantity (units)Price Supply A Pl = B P2 F C H P3 - - - - D G L - - Demand Q1 Q2 Q3 Quantity (units)Price Supply A P1 B E - - - - -- P2 C F - = - P3 D F- - - - - - - Demand - - Q1 Q2 Q3 Quantity (units)Price MC ATC ATC, Quantity (units)10 9 8 7 Long Run Average Total Costs 6 A D Cost B C 2 1 2 3 4 5 6 7 Output 8 9 1010 9 8 7 Long Run Average Total Costs 6 A D Cost B C 2 1 2 3 4 5 6 7 Output 8 9 10\fPrice MC H AC M P, L N P, AR G P MR 0 Quantity 21 (units)MSC Price ($) MPC PC PE PF MSB Q' QuantityPrice ($) 5 S 4 3.5 + 3 2 D 360 540 Quantity