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 $10 per pound:
Definitions:
Availability Heuristic
A cognitive shortcut that depends on the first examples that pop into someone's head when considering a particular topic, concept, strategy, or choice.
Homeowners' Policies
Insurance contracts that provide coverage for damage to a homeowner's property, possessions, and liability.
Insurance Salespeople
Professionals who specialize in selling insurance policies, advising clients on risk management, and providing financial planning services.
Ancestral History
The study or account of ancestors and family lineage, often including cultural and social backgrounds.
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