Please make sure to use the blue rectangle to ) to shade the area representing the firm's profit or loss at the market price of $70 per unit if the firm chooses to produce the profit-maximizing quantity of output. Also, please make sure to answer the questions under the graph that contain two fill in the blanks. The options for the first fill in the blank are earn profits and suffer losses. The options for the second fill in the blank are continue to operate and shut down. Pick one of each.

(1 unr Cours Mi X atnet Work | onet Interes onnet ONE ofnet Job Li Top M Record f Audie W Hip H FB About : Martin * Cours @ Med C|Up reseal + X CD ng.cengage.com/staticb/ui/evo/index.html?deploymentld=58122127521698889548036&elSBN=9781337621434&id=930613928&snapshotld=1975450& Email-school Introduction to Soci.. ar Connect-Biol 1107 : D2L ] MATH MindTap - Cengage. Hsi child support 5 Rick Barker's Music.. Digital Resources f... Quesitons for Discu. Mark w CENGAGE | MINDTAP Q Search this course ? My Home Numbers and Graphs: Perfect Competition (Ch 09) X Attempts: Do No Harm: / 2 Courses 5. Working with Numbers and Graphs Q6 O Catalog and Study Tools The following graph shows the dally cost curves of a firm operating In a perfectly competitive market. Suppose the market price for the good Is $70 A-Z Partner Offers per unit. Rental Options O Use the blue rectangle (circle symbols) to shade the area representing the firm's profit or loss at the market price of $70 per unit if the firm chooses to College Success Tips produce the profit-maximizing quantity of output. Career Success Tips ? ? Help ) Give Feedback 100 80 Profit or Loss PRICE AND COST (Dollars) TO At ATC 10 MC ANC 5 10 15 20 25 30 35 40 45 50 QUANTITY (Thousands of units) At the market price of $70 per unit, this firm will and will In the short run. Grade It Now Save & Continu + 12:47