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-(Table: Lilly's Apple Orchard)Use Table: Lilly's Apple Orchard.Lilly is the price-taking owner of an apple orchard;the orchard's variable costs are given in the table.Her orchard has fixed costs of $30.If the price of a bushel of apples is $85,we would expect total industry output to _____ and Lilly's output to _____ in the long run.

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Use the following to answer question: 
-(Table: Lilly's Apple Orchard)Use Table: Lilly's Apple Orchard.Lilly is the price-taking owner of an apple orchard;the orchard's variable costs are given in the table.Her orchard has fixed costs of $30.If the price of a bushel of apples is $85,we would expect total industry output to _____ and Lilly's output to _____ in the long run.

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If the price of a bushel of apples is $85, it is likely that more firms will enter the industry, leading to an increase in industry output. As a price-taking owner, Lilly would also increase her output in the long run to maximize profits.

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