Business, 07.05.2020 07:57 peachesmims1991
Suppose an avocado farm has cost: C = 0.002 q cubed plus 22 q plus 750 (where q is measured in bunches). The market price per bushel of avocados is $38. In the short-run, this firm's profit is $ negative 199.18. (Round your response to the nearest penny.) In the long-run, A. economic profit for a representative firm is zero. B. economic profit for a representative firm is positive. C. economic profit for a representative firm is negative. D. None of the above.
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Suppose an avocado farm has cost: C = 0.002 q cubed plus 22 q plus 750 (where q is measured in bunch...
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