Refer to the above data. If the market price for the firm's product is $32, the competitive firm will produce: A 1. 8 units at an economic profit of $16. 2. 5 units at a loss of $10. 3. 8 units at a loss equal to the firm's total fixed cost. 4. 7 units at an economic profit of $41.50.. Refer to the above diagram. This firm's demand and marginal revenue curves are based on the assumption that: 1. the firm has no immediate rivals. 2. rivals will match both a price increase and a price decrease. 3. rivals will match a price increase, but ignore a price decrease.
Flavor of the Day. Imagine your marshmallow cream Easter eggs as a custard! Ours is flavored with a light raspberry and marshmallow center, laced with Chambord, flakes of chocolate and ribbons of marshmallow. Everybunny will love it! Flavor of the Day.
For a snack that mixes a serving of dairy with a serving of fresh fruit, combine 1 cup of strawberries and 1/2 cup low-fat cottage cheese. The combo provides a boost of vitamin C and calcium to your day.