This attachment goes with pt 1 .. please help

Troy Canvas @ Drown Summary & A... @Factor a polynomial or... @gef a^4b^5, a^7b^5 -... @Home Page | Move.mil CENGAGE | MINDTAP Homework (Ch 14) disregard the portion of the supply curve that corresponds to prices where there is no output since this is the industry supply curve.) Next, use the purple points (diamond symbol) to plot the short-run industry supply curve when there are 30 firms. Finally, use the green points (triangle symbol) to plot the short-run industry supply curve when there are 40 firms. Supply (20 firms) Supply (30 firms) 6 8 865838 8 PRICE (Dollars per ton) Supply (40 firms) 125 250 375 500 625 750 875 1000 1125 1250 QUANTITY (Thousands of tons) If there were 30 firms in this market, the short-run equilibrium price of steel would be $ per ton. At that price, firms in this industry would . Therefore, in the long run, firms would the steel market. Because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be $ per ton. From the graph, you can see that this means there will be s befirms operating in the steel industry in long-run equilibrium. True or False: Assuming implicit costs are positive, each of the firms operating in this industry in the long run earns negative accounting profit. O True O False Grade It Now Save & Continue