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use the graph to answer question 1, 2, 3A, 3B, 4, 5 Farmer Johnson producers Eggs in a perfectly competitive egg market. The short run

use the graph to answer question 1, 2, 3A, 3B, 4, 5

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Farmer Johnson producers Eggs in a perfectly competitive egg market. The short run cost curves are displayed below. $400 $3.50 5300 5250 $2.00 51,50 $1110 $0.50 $0 1 DO Dozens of Eggs Question 1 4 pts If the market price for one dozen eggs is $3, what is the prot maximizing output for Farmer Johnson? (Please enter the value without any units, if your answer is 100 Dozen Eggs, just enter 100) E Question 2 4 pts At that price ($3), what is the prot that Farmer Johnson earns in the shortrun? (Please enter your answer without a dollar sign) E

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