Brenda’s Family Photosis a photographic portrait business
Brenda’s Family Photosis a photographic portrait
business in
a perfectly competitive market in Duluth
.
The market price of a portrait
is $35.00
.
The table shows Brenda’s
total costs.
How many portraits
does Brenda
sell in an hour and what is Brenda’s
economic profit in the short run?
Brenda’s Family Photos
sells nothing
portraits
an hour.
In the short run, Brenda’s
▼
of
$nothing
an hour.
Quantity
(portraits
per hour)
Total cost
(dollars per hour)
0 50
1 90
2 120
3 140
4 170
5 210
6 270
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
