answer asap

pters 8 & 9: Short-Run & Long-Run Costs and Output Decisions pter Assignment Decisions in the Short Run include: How much output to supply? How to produce that output (which production process to use)? What quantity of each input to use? Decisions in the Long Run include: Should we be in the business at all? Should we expand or close shop? The Peach Truck is a perfectly competitive market where the price of a half bushel of Eastern Shore peaches is currently $10.00 Use pages 182 (table 8.6) & 191 (figure 9.1) as guides Bushels TFC TVC MC MR Price TR TC PROFIT ATC AVC 0 100.00 $ 10 100.00 $ 30.00 10.00 20 100.00 S 50.00 10.00 30 100.00 $ 65.00 10.00 40 100.00 $ 77.00 10.00 50 S 100.00 5 87.00 S 10.00 60 $ 100.00 5 100,00 S 10.00 70 100.00 $ 120.00 S 10.00 80 us 100.00 5 160.00 10.00 90 $ 100.00 S 220.00 S 10.00 100 S 100.00 $ 300.00 S 10.00 WITH THE INFORMATION ABOVE, COMPLETE THE CHART pts ANSWER THE FOLLOWING OUTPUT DECISIONS: 2 What is the minimum # of bushels to produce? Why? pts 3 What is the maximum # of bushels to produce? Why? pts