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ittps:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=5982812222509788106552939425&elSBN=9780357... A CENGAGE MINDTAP Homework (Ch 14) Profit or Loss (Begved waBlog) 30ud AVG - 20 30 40 50 60 70 80 90 100 QUANTITY

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ittps:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=5982812222509788106552939425&elSBN=9780357... A" CENGAGE MINDTAP Homework (Ch 14) Profit or Loss (Begved waBlog) 30ud AVG - 20 30 40 50 60 70 80 90 100 QUANTITY (Thousands of bags per day) In the short run, given a market price equal to $45 per bag, the firm should produce a daily quantity of bags. 10,000 On the preceding graph, use the blue rectangle (circle symbols) to fill in the area that represents profit a he firm given the market price of $45 and the quantity of production from your previous answer. 30,000 40,000 Note: In the following question, enter a positive number regardless of whether the firm earns a profit of 45,000 The rectangular area represents a short-run * of $ . thousand per day for the firm

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