... [ learn.bu.edu BBC + Blackboard Learn Take Test: Quiz 5 - EC201 B1 Intermediate Microeconomic .. Force This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Completion Your answers are saved automatically. Remaining Time: 1 hour, 09 minutes, 56 seconds. Question Completion Status: Moving to another question will save this response. Question 1 of 4 > Question 1 20 points . Save Answer The market for window washing services is perfectly competitive. It has market demand, Qa(Pa) = 1,000 -4Pd. It is comprised of 100 window washing firms with identical costs, C(qi) = 72+29,+8qi. The current market-clearing price and quantity (market equilibrium) is windows washed for a price of $ Each window washer makes an economic profit (IT ) of $ (include negative sign if it's a loss). Industry equilibrium would occur at a market price of $ caused because window washers (entered/exited) the market. Round all prices to nearest penny. Quantities to nearest whole unit. Question 1 of 4 > >> -> A Moving to another question will save this response. 11 8] 19 Pro