rambocayden8018
16.04.2020 •
Business
Suppose an avocado farm has cost: Upper C equals 0.002 q cubed plus 22 q plus 750 (where q is measured in bushels). Marginal cost is: MC equals 0.006 q squared plus 22. The market price per bushel of avocados is $45. In the short-run, this firm's profit is In the short-run, this firm's profit is nothing. (Round your response to the nearest penny.) In the long-run, A. economic profit for a representative firm is negative. B. economic profit for a representative firm is positive. C. economic profit for a representative firm is zero.
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