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Quantity of Apples (bushels) VC 0 $ 0 40 70 80 VOUTAWNY 130 190 260 340 8 430 Table 58-2: Lilly's Apple Orchard 6. (Table

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Quantity of Apples (bushels) VC 0 $ 0 40 70 80 VOUTAWNY 130 190 260 340 8 430 Table 58-2: Lilly's Apple Orchard 6. (Table 58-2: Lilly's Apple Orchard). Lilly is the price-taking owner of an apple orchard; its variable costs are given in the table. Her orchard has fixed costs of $30. If the price of a bushel of apples is $60, she will produce bushels and her economic profit will be a. 5; $110 b. 5; $270 C. 4; $300 d. 5; $80 e. 6; $70

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