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please help me with this question The rm Lemonita Farm is a typical producer of lemons earning normal profits in a perfectly competitive market. [a]

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The rm Lemonita Farm is a typical producer of lemons earning normal profits in a perfectly competitive market. [a] Draw two correctly and completely labeled graphs. one for the lemon market and one for Lemonita Farm. showing: {i} the equilibrium market price for lemons, labeled Pm [ii] the equilibrium market quantity for lemons labeled Qm ii} the equilibrium quantity for lemons from Lemonita Farm. labeled Qf {iv} the average total cost curve for Lemonita Farm. labeled ATE [b] Several weeks of freezing weather destroy lemon trees across the region. fl} On your market graph from part (a), draw the new supply curve for lemons and label it 51. [ii] On your market graph from part [a]. label the new equilibrium price as Pm1 and the new equilibrium quantity Qm1. {iii} Due to the supply sh ift. does the equilibrium quantity decrease. increase. or stay the same? Explain. [c] Lemons and sugar are used together in many recipes. including lemonade and lemon meringue pie. fl} The price of sugar drops by half. What will happen to the equilibrium price and quantity for lemons in the short run? Explain. Hi] How will the change in the price of sugar affect the revenue of Lemonita Farm? {iii} What will happen to the equilibrium price and quantity for lemons in the long mn? Explain

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