Suppose an avocado farm has​ cost: C = 0.002q3 + 22q + 750   ​(where q is measured in bushels​).   Marginal cost​ is: MC = 0.006q2 + 22. The market price per bushel of avocados is ​$46.   In the​ short-run, this​ firm's profit is In the​ short-run, this​ firm's profit is

Micro Economics For Today
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Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Perefect Competition
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Suppose an avocado farm has​ cost:

C = 0.002q3 + 22q + 750  

​(where

q is measured in

bushels​).

 

Marginal cost​ is:

MC = 0.006q2 + 22.

The market price per bushel of avocados is

​$46.

 

In the​ short-run, this​ firm's profit is

In the​ short-run, this​ firm's profit is

enter your response here.

​(Round your response to the nearest​ penny.) 

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