Use the following to answer questions: 
-(Table: Cherry Farm) Look at the table Cherry Farm. If Hank and Helen have one of 100 farms in the perfectly competitive cherry industry and if the price is $3, in the short run the industry will supply _____ pounds.
Definitions:
Estate in Land
The degree, quantity, nature, and extent of interest a person has in real property.
Real Property
Land and anything permanently attached to it, such as buildings and other structures.
Personal Property
Assets not permanently fixed to one location, such as furniture, vehicles, and electronics, as opposed to real estate.
Estate in Land
The degree, quantity, nature, and extent of interest a person has in real property, which can range from full ownership to temporary rights.
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