a.Derive the firm's short-run supply curve.(Hint:you may want to plot the appropriate cost curves.) The firm's short cost.The table average variable cost.The firm will produce 8 or more units depending on the market price and will not produce in the 0-7 units of output range because in this range AVC is greater than MC.When AVC is greater than MC.the firm minimizes losse by producing nothing. Q TC MC TVC TFC AVC 0 100 0 100 160 50 100 50.0 2 178 78 100 390 3456 204 11 S 28 890 0 散油新 0000 475 65 375 34.1 a. Derive the firm’s short-run supply curve. (Hint: you may want to plot the appropriate cost curves.) The firm’s short-run supply curve is its marginal cost curve above average variable cost. The table below lists marginal cost, total cost, variable cost, fixed cost, and average variable cost. The firm will produce 8 or more units depending on the market price and will not produce in the 0-7 units of output range because in this range AVC is greater than MC. When AVC is greater than MC, the firm minimizes losses by producing nothing. Q TC MC TVC TFC AVC 0 100 100 _ 0 100 _ 1 150 50 50 100 50.0 2 178 28 78 100 39.0 3 198 20 98 100 32.7 4 212 14 112 100 28.0 5 230 18 130 100 26.0 6 250 20 150 100 25.0 7 272 22 172 100 24.6 8 310 38 210 100 26.3 9 355 45 255 100 28.3 10 410 55 310 100 31.0 11 475 65 375 100 34.1