Quantity of cherries Total Cost (in pounds) S2 13 16 21 28 38 Use Table: Cherry Farm. Suppose there are 100 farms in this industry with identical cost curves, as shown in the table. Which point would fall on the industry short-run supply curve?

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Table: Cherry Farm
Quantity of
cherries
(in pounds)
Total Cost
S2
3.
13
16
21
28
38
Use Table: Cherry Farm.
Suppose there are 100 farms in this industry with identical cost curves, as shown in the table. Which
point would fall on the industry short-run supply curve?
Transcribed Image Text:Table: Cherry Farm Quantity of cherries (in pounds) Total Cost S2 3. 13 16 21 28 38 Use Table: Cherry Farm. Suppose there are 100 farms in this industry with identical cost curves, as shown in the table. Which point would fall on the industry short-run supply curve?
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