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Consider the graph below and answer the questions that follow. MC ATO Price (dollars per box) 10 20 30 40 50 60 70 80 90
Consider the graph below and answer the questions that follow. MC ATO Price (dollars per box) 10 20 30 40 50 60 70 80 90 100 Output (boxes of apples per day) If the market price of this good is $8, the firm will produce units of output. At this price, the firm is earning a total profit of $ In the long run, the firm will earn zero economic profit. The long-run equilibrium price is $Consider the graph below and answer the questions that follow. 10- MC 22 ATO Price (dollars per box) N 10 20 30 40 50 60 70 80 90 100 Output (boxes of apples per day) If the market price of this good is $8, the firm will produce units of output. At this price, the firm is earning a + total profit 75 65 In the long run, the firm will earn zero economic profit. The 55 equilibrium price is $Consider the graph below and answer the questions that follow. MC ATO Price (dollars per box) 10 20 30 40 50 60 70 80 90 100 Output (boxes of apples per day) If the market price of this good is $8, the firm will produce units of output. At this price, the firm is earning a + total profit of $ In the long run, the firm will earn a negative profit. The long-run equilibrium price is $ zero positiveConsider the graph below and answer the questions that follow. 10- MC ATO Price (dollars per box) O- 10 20 30 40 50 60 70 80 90 100 Output (boxes of apples per day) If the market price of this good is $8, the firm will produce units of output. At this price, the firm is earning a total profit of $ In the long run, the firm will earn zero economic profit. The long $3.00 n price is $ 0 $225.00Consider the graph below and answer the questions that follow. 10- MC ATO Price (dollars per box) w N 10 20 30 40 50 60 70 80 90 100 Output (boxes of apples per day) If the market price of this good is $8, the firm will produce units of output. At this price, the firm is earning a total profit of $ In the long run, the firm will earn zero economic profit. The long-run equilibrium price is $ $3.00 $4.50 $7.50
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