1I[i]I. Suppose a rm has man'jr different possible shortrun average total co st curves, representing different amounts of fixed inputs. The longrun average cost curve each of the short run average cost curves. - is less than or equal to - can be less than or greater than - is greater than . 1I[ii. lDavid' s current salarv Is 32E] DUEL He has two job offers from company.r X and companv "I'. The accounting and economic profit for David for taking each of these jobs compared to his current job are given below. What should David do? Job Economic Prot Accounting Prot K 353] [ll] SEECID SIDED SELL10D I I I I 1I[iii. l'w'hich of the following statements is TRUE? An excise tax imposed on the producers of a good: I Generates a lower deadweight loss than an excise tax imposed on consumers I Does not change the price paid lav consumers I lDnljur affects producer surplus and does not affect consumer surplus I Generates the same tax revenue as as excise tax imposed on consumers