Use the table below to answer the following question. Table 12.4.1 Price (dollars per box) Quantity demanded (thousands of boxes per week) 3.65 500 5.20 450 6.80 400 8.40 350 10.00 300 11.60 250 13.20 200 Quantity (boxes per week) Marginal cost (dollars per additional box) Average variable cost (dollars per box) Average total cost (dollars per box) 200 6.40 7.80 12.80 250 7.00 7.00 11.00 300 7.65 7.10 10.43 350 8.40 7.20 10.06 400 10.00 7.50 10.00 450 12.40 8.00 10.22 500 20.70 9.00 11.00 Refer to Table 12.4.1. The top table shows the market demand schedule for paper. The market is perfectly competitive and there are 1,000 firms that produce paper. Each firm has the costs shown in the bottom table when it uses its least-cost plant. The market price in the long run is ________ a box and the equilibrium quantity produced in the long run is ________ boxes a week. Question 38 options: A) $8.40; 350,000 B) $7.00; a little less than 400,000 C) $11.60; 250,000 D) $10.00; 300,000 E) $6.40; a little more than 400,000