Jamal works as a fish monger at Boston's Copley Square Farmers Market. The fish market in...

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Jamal works as a fish monger at Boston's Copley Square Farmers Market. The fish market in Boston is perfectly competitive. Jamal's long-run marginal cost and long-run average total cost curves for providing fish are given. The long-run market price for fish is $20 per pound. Use the double drop line drawing tool to identify Jamal's profit maximizing price and quantity. Label this Profit Max. Jamal's experience and expertise provide him with lower costs than his competitors, so he is able to earn profits in the long run. Use the quadrilateral drawing tool to shade the region representing the long-run profits Jamal earns. Snapping Price & Cost ($/pound fish) 20 15 10 5 0 0 30 Coordinates: (0.00, 2.50) 100 200 300 400 500 600 700 800 900 1000 Profit Max LATC LMC Profits Unselected Jamal works as a fish monger at Boston's Copley Square Farmers Market. The fish market in Boston is perfectly competitive. Jamal's long-run marginal cost and long-run average total cost curves for providing fish are given. The long-run market price for fish is $20 per pound. Use the double drop line drawing tool to identify Jamal's profit maximizing price and quantity. Label this Profit Max. Jamal's experience and expertise provide him with lower costs than his competitors, so he is able to earn profits in the long run. Use the quadrilateral drawing tool to shade the region representing the long-run profits Jamal earns. Snapping Price & Cost ($/pound fish) 20 15 10 5 0 0 30 Coordinates: (0.00, 2.50) 100 200 300 400 500 600 700 800 900 1000 Profit Max LATC LMC Profits Unselected