(Solved): 1. The demand curve facing a price taker The following graph shows the daily market demand and supp ...

1. The demand curve facing a price taker The following graph shows the daily market demand and supply curves. The equalibrium market price is \( \$ 25 \) per extira-farge cardboard boxi Suppose XYZ Corporation is one of over a hundred perfectly competitive firms that produce extra-Large cardboard boxes for moving. On the following graph, wse the green hane (trangle symbols) to plot the dernand curve facing \( x y z \) Corporation for extra large cardboard boxes. Hint: Remember that perfectly competitive firms can sell all their output at the going price. In the following table, fill in the total and marginal revenues that XYZ Corporation earns for the first three boxes it sells each day. The demand curve that XYZ Corporation faces is identical to which of its other curves? Check all that apply. Its marginal revenue curve Its supply curve Its marginal cost curve Its total revenue curve Its average revenue curve