Question : Where did they get the 7.5 batches of fortune cookies.
: 7919
Where did they get the 7.5 batches of fortune cookies.
And the $221 a day profit?
Chapter Problem 7 The table shows some of the costs of production for Larry's Fortune Cookies. The fortune cookie market is a perfectly competitive market At a market price of $81.07 batch, Larry's produces cookies Answer to 1 decimal place. In the short run, Larry's maximizes its profit and makes an economic profit of S 221 a day Answer with a positive number In the long run, firms the fortune cookie market KA, exit B neither enter nor exit Question is complete Tap on the red indicators to see incorrect answers Total Average Average Average product fixed variable total Marginal (dollars per batch) 138,00 2701 3 2967 37 00 66 67 2499 3000 17 80 3798 1483 34 00 48 83 5499 7 12 71 37 00 49 71 8107 113 5363 42 50