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D Question 21 Each widget firm has the cost structure illustrated in the left graph below. The right graph Illustrates two different possible Question ? demand curves for widgets, D1 and D2. If you printed a graph handout, this is labeled as the graph "Firm Theory 3". Time Running: Attempt due: Mur 22 1 Hour, 11 Minute ATC AVC D2 Q 23 8 0 10 11 12 170 2100 3450 If the price equals $4, in the short run the firm will produce. The resulting maximum profit for an individual firm at this price equals (or equals about) O -$8 O -$16Started Quiz Instructions D Question 20 7 pts question 5 Question 6 Each widget firm has the cost structure illustrated in the left graph below. The right graph illustrates two different possible Question 7 demand curves for widgets, D1 and D2. If you printed a graph handout, this is labeled as the graph "Firm Theory 2". Time Running: Hide Attempt due: Mar 22 # 11:50pr 1 Hour, 11 Minutes, 49 S Ave 0 1 2 34 5 6 7 8 9 10 11 12 1200 1500 1800 2100 If the price equals $4, in the short run the firm will produce. The resulting maximum profit for an individual firm at this price equals (or equals about) O -$32Exam Started: Mar 22 at 3:10pm Quiz Instructions Question 3 question A D Question 19 7 pts Question 5 Question 6 Each widget firm has the cost structure illustrated in the left graph below. The right graph illustrates two different possible Question 7 demand curves for widgets, D1 and D2. If you printed a graph handout, this is labeled as the graph "Firm Theory 3" Time Running: Hide Attempt due: Mar 22 m 11:59 1 Hour, 17 Minutes, 55 D2 Q 12 10 11 12 Fixed cost for each individual firm equals (Hint: it's okay if what you calculated is one or two dollars off of what is listed as answers below) O $2 O $49