Use the following to answer questions: 
-(Table: Cherry Farm) Look at the table Cherry Farm. If the price is $3.60 per pound:
A) firms will enter the industry.
B) firms will exit the industry.
C) the industry is in long-run equilibrium.
D) the industry has minimized average total cost.
Correct Answer:
Verified
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Figure: Game-Day
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Figure: Game-Day
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Figure: Game-Day
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Figure: Game-Day
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