question archive Every farmer in the perfectly competitive market for almonds have the same long run cost function, where q is pounds of almonds: C = 10q - 2q2+(1/6)q3 (A) What is the market price for almonds per pound? (B) What is the number of farms in the market if demand is 10,000 pounds of almonds? (C) If there is a shortage of bees to pollinate the almond trees, what will happen to the supply of almonds, the number of firms and firm profits in the short run?
Every farmer in the perfectly competitive market for almonds have the same long run cost function, where q is pounds of almonds: C = 10q - 2q2+(1/6)q3 (A) What is the market price for almonds per pound? (B) What is the number of farms in the market if demand is 10,000 pounds of almonds? (C) If there is a shortage of bees to pollinate the almond trees, what will happen to the supply of almonds, the number of firms and firm profits in the short run?
Subject:EconomicsPrice: Bought3
Every farmer in the perfectly competitive market for almonds have the same long run cost function, where q is pounds of almonds: C = 10q - 2q2+(1/6)q3 (A) What is the market price for almonds per pound? (B) What is the number of farms in the market if demand is 10,000 pounds of almonds? (C) If there is a shortage of bees to pollinate the almond trees, what will happen to the supply of almonds, the number of firms and firm profits in the short run?
