dimitriusjones52141 dimitriusjones52141

20-05-2023
Social Studies

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A perfectly competitive apple farm produces 1,000 bushels of apples at a total cost of $36,000. The price of each bushel is $50. Calculate the firm's short-run profit or loss. Select one: a. There is insufficient information to answer the question. b. profit of $50,000 c. profit of $14,000 d. loss of $14,000

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