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Question 59

Multiple Choice

Use the following to answer questions: Use the following to answer questions: -(Table: Cherry Farm) Look at the table Cherry Farm. If Hank and Helen have one of 100 farms in the perfectly competitive cherry industry and if the price is $5, in the short run the industry will supply _____ pounds. A) 100 B) 200 C) 400 D) 500
-(Table: Cherry Farm) Look at the table Cherry Farm. If Hank and Helen have one of 100 farms in the perfectly competitive cherry industry and if the price is $5, in the short run the industry will supply _____ pounds.


A) 100
B) 200
C) 400
D) 500

Correct Answer:

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