Ask Experts Questions for FREE Help !
Ask
    kayrez's Avatar
    kayrez Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 2, 2011, 05:28 PM
    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.

Check out some similar questions!

Math homework word problem help needed. [ 0 Answers ]

Moe's parents are refurnishing the house. They purchase a living room set for $4,000. After making payments for 5 years, Moe's parents will have paid a total of $5,700. What is the interest rate on their loan?

Math homework [ 3 Answers ]

Find the altitude of an isosceles triangle with base 10 and congruent sides of length 9.

Math homework [ 2 Answers ]

Can anybody help me with my algerbra math homework? I have a bunch of questions I can not figure out how to do


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.