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Author Question: Keith is a perfectly competitive carnation grower. The market price is $2 per dozen carnations. ... (Read 116 times)

anshika

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on: May 24, 2019
Keith is a perfectly competitive carnation grower. The market price is $2 per dozen carnations. Keith's average total cost to grow carnations is $2.50 per dozen. In the long run, Keith will
◦ raise his price to more than $2.50 per dozen carnations.
◦ raise his price to $2.50 per dozen carnations.
◦ exit the industry if the price and his costs do not change.
◦ incur an economic loss.
◦ continue to make an economic profit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by anshika on May 24, 2019

pangili4

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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anshika

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Reply #2 on: May 24, 2019
Excellent


pangili4

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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