Question: Complete the chart attached and find the equilibrium price? Complete the following short-run supply schedule for this firm. Product : Quantity | Profit (#) price

Complete the chart attached and find the equilibrium price?

Complete the following short-run supply schedule for this firm. Product : Quantity | Profit (#) price supplied ( or loss (-) $72 52 45 28 22 15 Quantity Price demanded $72 2500 -+= 52 3500 45 4000 28 5200 22 5900 15 6700 Assume there are 500 identical firms in this industry, that they have identical cost data as the firm above, and that the industry demand schedule is as follows: (e) What will the equilibrium price be

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