$ per ton 10 8 6.50 6 0 Ozero, yes $568,000, no O $2,272, yes, MC 4 284 140 Calculate firm profit for a market price of $8.000. Is this firm in a long run equilibrium O $426,000, no Thousand metric tons of lime
$ per ton 10 8 6.50 6 0 Ozero, yes $568,000, no O $2,272, yes, MC 4 284 140 Calculate firm profit for a market price of $8.000. Is this firm in a long run equilibrium O $426,000, no Thousand metric tons of lime
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![$ per ton
10
8
6.50
6
0
140
zero, yes
$568,000, no
$2,272, yes,
284
MC
AC
Thousand metric tons of lime per year
Calculate firm profit for a market price of $8.000. Is this firm in a long run equilibrium?
O $426,000, no](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F957eedda-103b-4a24-811b-6c923f951280%2Fa64120fe-3331-484a-9716-a408f9c3c59f%2Fa3xp6wl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:$ per ton
10
8
6.50
6
0
140
zero, yes
$568,000, no
$2,272, yes,
284
MC
AC
Thousand metric tons of lime per year
Calculate firm profit for a market price of $8.000. Is this firm in a long run equilibrium?
O $426,000, no
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