Figure 12-6
-Refer to Figure 12-6.Which panel best represents the perfectly competitive organic produce market in which some firms are earning short-run economic profits,and the Surgeon General announces that switching from non-organic produce to organic produce will add 5 years to the average life span of consumers?

Question

Figure 12-6 
-Refer to Figure 12-6.Which panel best represents the perfectly competitive organic produce market in which some firms are earning short-run economic profits,and the Surgeon General announces that switching from non-organic produce to organic produce will add 5 years to the average life span of consumers?

Quizplus · Accepted Answer

The Answer of Figure 12-6 
-Refer to Figure 12-6.Which panel best represents the perfectly competitive organic produce market in which some firms are earning short-run economic profits,and the Surgeon General announces that switching from non-organic produce to organic produce will add 5 years to the average life span of consumers?

Figure 12-6 -Refer to Figure 12-6.Which Panel Best Represents the Perfectly Competitive