(Solved): Please plot and give plot marks so check work Ploce the grey point (star symbol) on the graph to ...

Please plot and give plot marks so check work

Ploce the grey point (star symbol) on the graph to indicate the profit-maximizing price and quantity for the company. Then determine if the compony is experiencing o profit or a loss. If they are experiencing a profit, use the green rectangle (triangle symbols) to shode the area representing the company's profit. However, if they are suffering from a loss, use the purple rectangle (diamond symbols) to shade the area representing the compony's loss. Now consider the long run, in which bike manufacturers are free to enter and exit the market. Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes an the following groph.