The table below provides cost information for two firms in a competitive industry.Graph the supply curves of the firms individually and jointly.For these two firms,at any positive output level,marginal cost exceeds average variable cost. 
Definitions:
Patent
An exclusive right granted for an invention, which allows the patent owner to exclude others from making, using, or selling the invention for a certain period of time.
Non-controlling Interest
Equity interest in a subsidiary not held by the parent company, representing a share of the subsidiary’s net assets and profits.
Voting Shares
Shares that give the shareholder the right to vote on company matters, such as elections for the board of directors; instrumental in controlling the company.
Open Market
A market with no barriers to free market activity, where any buyer or seller can trade freely.
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