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Question 71

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Use the following to answer questions: Use the following to answer questions: -(Table: Cherry Farm) Look at the table Cherry Farm. If all farms are the same size, how much economic profit will each farm earn when the industry is in long-run equilibrium? A) $0 B) $100 C) -$200 D) $1,000
-(Table: Cherry Farm) Look at the table Cherry Farm. If all farms are the same size, how much economic profit will each farm earn when the industry is in long-run equilibrium?


A) $0
B) $100
C) -$200
D) $1,000

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