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60 100 120 140 160 180 200 Quantity (units per week) Market Demand Price (Pmm) $2. 50 Marginal Cost (MC) $2.50 Quantity (by the rm) Marginal Revenue (MR) $2.50 Quantity (50 150) $200.00 $200.00 $0.00 Instructions: Move the Market Demand slider as instructed. Later, press the Price Adjustment button and observe the animations in the graph. If needed, use the Reset button in the Settings window to start over. Suppose the demand curve shifts so that the market price is $2.30. a) At this price, how many units should the rm sell to maximize profits? E units b) When this rm maximizes its profits, what will its prots be? 35 J:] (Report your answer to two decimal places. Include a negative sign if needed) 5) As this industry adjusts towards along run equilibrium. the number of firms in the industry will (Click to select) v