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d . In the table below, complete the short - run supply schedule for the tirm ( columns 1 and 2 ) and indicate the

d. In the table below, complete the short-run supply schedule for the tirm (columns 1 and 2) and indicate the protit or loss incurred at each output (column 3).
\table[[(1) Price,\table[[(2) Quantity],[Supplied,],[Single Firm]],\table[[(3) Profit (+) or],[Loss (-)]],\table[[(4) Quantity],[Supplied,1,500],[Firms]]],[$22,,,],[27,,,],[32,,,],[38,,,],[43,,,],[47,,,],[57,,,]]
e. Now assume that there are 1,500 identical firms in this competitive industry. That is, there are 1,500 firms, each of which has the cost data shown in the table. Complete the industry supply schedule (column 4 in the table above).
f. Suppose the market demand data for the product are as follows:
\table[[Price,\table[[Total Quantity],[Demanded]]],[$22,19,000],[27,17,000],[27,15 a0a]]
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Nexte. Now assume that there are 1,500 identical firms in this competitive industry. That is, there are 1,500 firms, each of which has the cost data shown in the table. Complete the industry supply schedule (column 4 in the table above).
f. Suppose the market demand data for the product are as follows:
\table[[Price,\table[[Total Quantity],[Demanded]]],[$22,19,000],[27,17,000],[32,15,000],[38,13,500],[43,12,000],[47,10,500],[57,9,500]]
What is the equilibrium price? $
What is the equilibrium output for the industry? units
For each firm? units
Instructions: Enter your answers rounded to two decimal places. Enter positive values for profit or loss.
What will profit or loss be per unit? Click to select
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