Question: 2. Using the data for a Perfectly Competitive rm below answer questions 2a 2d. (10 points) *1 Q (units per hour) a. Draw the short

2. Using the data for a Perfectly Competitive rm below answer

2. Using the data for a Perfectly Competitive rm below answer questions 2a 2d. (10 points) *1" Q (units per hour) a. Draw the short run cost curves for the rm represented by the data. (4 points) b. The supply curve is represented by the ______ curve (2 points) 0. Draw a curve MR1 at $3 0, what would the rm chose to do? Why? (2 points) d. What would a curve MR2 drawn at $45 represent? Why? (2 points)

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