100 133.33 QUANTITY Refer to Figure 16-5. As the figure is drawn, the firm is in a. a short-run equilibrium but it is not in a long-run equilibrium. b. a short-run equilibrium as well as a long-run equilibrium. c. a long-run equilibrium but it is not in a short-run equilibrium. O d. neither a short-run equilibrium nor a long-run equilibrium. Refer to Table 17-2. Suppose there is only one internet radio provider in this market and it seeks to maximize its profit. 1" a. sell 2,000 subscriptions and charge a price of $48 for each subscription. O b. sell 3,000 subscriptions and charge a price of $40 for each subscription. c. sell 4,000 subscriptions and charge a price of $32 for each subscription. O d. sell 5,000 subscriptions and charge a price of $24 for each subscription 100 133.33 QUANTITY Refer to Figure 16-5. As the figure is drawn, the firm is in a. a short-run equilibrium but it is not in a long-run equilibrium. b. a short-run equilibrium as well as a long-run equilibrium. c. a long-run equilibrium but it is not in a short-run equilibrium. O d. neither a short-run equilibrium nor a long-run equilibrium. Refer to Table 17-2. Suppose there is only one internet radio provider in this market and it seeks to maximize its profit. 1" a. sell 2,000 subscriptions and charge a price of $48 for each subscription. O b. sell 3,000 subscriptions and charge a price of $40 for each subscription. c. sell 4,000 subscriptions and charge a price of $32 for each subscription. O d. sell 5,000 subscriptions and charge a price of $24 for each subscription