0) always incur more total cost than one firm producing Q?60-55Let q, be the output of Firm 1 and q, be the output of Firm 2.50-According to the figure, the total cost of two firms producing Q...

Extracted text: Given the cost function underlying the figure, would two firms producing output Q (>0) always incur more total cost than one firm producing Q? 60- 55 Let q, be the output of Firm 1 and q, be the output of Firm 2. 50- According to the figure, the total cost of two firms producing Q (as a function of Q) is 45- 40- C(q+) + C(q2)=[]. 35- A 30- The total cost of one firm producing Q (as a function of Q) is E 25 C(Q) =]. く 20- 15- Thus, compared to one firm producing output Q, two firms producing output Q incur V total cost. 10- HAC MC 10 11 12 13 14 15 16 Q, Units per day Enter your answer in each of the answer boxes. JUL 11 MacBook Pro esc G Search or type URL @ #3 $ % & * AC MC, $ per unit