[Solution] Now go to the following Excel file, which has been uploaded Week 11, which has the answers worked out on Page 1. You will notice that the graphs
Question: Now go to the following Excel file, which has been uploaded Week 11, which has the answers worked out on Page 1. You will notice that the graphs are drawn below the table to allow you to see the relationship between the data in the table and the graphs that you see in the textbook. Go to the sheet labeled P=30 and fill in the blanks in the table. Again you will see the corresponding graphs below the table, once you fill in the data.
Answer questions A and B above for the new situation where the perfectly competitive firm receives a price of $30.
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