Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Math & Sciences (https://www.askmehelpdesk.com/forumdisplay.php?f=402)
-   -   Math homework problem. (https://www.askmehelpdesk.com/showthread.php?t=608989)

  • Nov 2, 2011, 05:28 PM
    kayrez
    Math homework problem.
    Assume the market for apples is perfectly competitive. Total output in the apple market is 5.1 million crates. The price of a crate of apples is $27.65. The average total cost of a crate of apples is $24.51. Draw and label the graphs for the apple market and a typical firm in the apple market. Is the apple market in long-run equilibrium? Explain carefully.

  • All times are GMT -7. The time now is 04:27 AM.