Use the Following to Answer Question

question 131

Multiple Choice

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 $6 per pound:

• A)firms will enter the industry.
• B)firms will exit the industry.
• C)the industry is in long-run equilibrium.
• D)the industry has minimized average total cost.

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Definitions:

Glycogen

Highly branched polysaccharide of glucose monomers. Principal form of stored sugars in animals.

Liver Cells

Liver cells, also known as hepatocytes, are the main cell type found in the liver, performing various functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.

Muscle Cells

Muscle cells, also known as muscle fibers, are the cells that make up muscle tissue, enabling movement through contraction and relaxation.

Ultimate Source

The final or primary source from which something originates or can be traced.