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Please answer all questions/fill in the columns Show work please! itive. The cost schedule for a typical avocado producer is below. The market for avocados

Please answer all questions/fill in the columns Show work please!

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itive. The cost schedule for a typical avocado producer is below. The market for avocados is perfectly compet- Output Total Total Marginal Marginal Total Revenue Cost Revenue Cost Profit 0 0 10 10 60 30 20 120 40 30 180 60 40 240 90 50 300 130 60 360 180 70 420 240 80 480 310 1. Fill in the Marginal Revenue column. 2. Fill in the Marginal Cost column. 3. Fill in the Total Profit column. 4. Is this a long-run or short-run cost schedule? How do you know? 5. Find the fixed cost. 6. What is the price of avocados? Is it constant or does it change? How do you know

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