Lilly's Apple Orchard Quantity of Apples (bushels) VC 40 70 80 130 190 260 340 430 Use Table: Lilly's Apple Orchard. Lilly is the price-taking owner of an apple orchard. Her orchard has fixed costs of $30. If the price of a kilogram of apples is $35, at the profit-maximizing point, her economic profit will be:

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Table: Lilly's Apple Orchard
Quantity
of Apples
(bushels)
VC
40
2
70
3
80
130
5
190
260
7
340
430
Use Table: Lilly's Apple Orchard.
Lilly is the price-taking owner of an apple orchard. Her orchard has fixed costs of $30. If the price of a
kilogram of apples is $35, at the profit-maximizing point, her economic profit will be:
Transcribed Image Text:Table: Lilly's Apple Orchard Quantity of Apples (bushels) VC 40 2 70 3 80 130 5 190 260 7 340 430 Use Table: Lilly's Apple Orchard. Lilly is the price-taking owner of an apple orchard. Her orchard has fixed costs of $30. If the price of a kilogram of apples is $35, at the profit-maximizing point, her economic profit will be:
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