Question: Please help this question ASAP. Your fast response is my greatest help. 1. Suppose that in a corn market, individual farms producing corn are making

Please help this question ASAP. Your fast response is my greatest help.

Suppose that in a corn market, individual farms producing corn are making a profit in the short run.

Q: Assuming that a corn market is perfectly competitive market, discuss whether or not individual farms producing corn will keep making a profit in the long run. Instruction: Use graphical analysis to provide your answer. Make sure to explain your answer in your own words, instead of just providing graphs.

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