Use the following to answer question: 
-(Table: Cherry Farm) Use Table: Cherry Farm.Suppose there are 100 farms in this industry with identical cost curves,as shown in the table.If the price is $4 per pound:
Definitions:
Cognitive Skill
The mental ability required for tasks that involve processing information, such as thinking, remembering, problem-solving, and paying attention.
Neo-Piagetian Research
A field of study that extends and modifies Jean Piaget's theory of cognitive development, incorporating new findings on information processing, memory capabilities, and individual differences in children.
Cognitive Functioning
Refers to the mental processes involved in acquiring knowledge and understanding, including thinking, knowing, remembering, judging, and problem solving.
Developmental Stages
Distinct phases of growth and development that an individual passes through from infancy to adulthood, each characterized by unique physical, psychological, or cognitive changes.
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