Question: Please help with this practice question. You are an apple farmer in a perfectly competitive market and sell apples by the bushel. The market price

Please help with this practice question.

Please help with this practice question. You are an apple farmer in

You are an apple farmer in a perfectly competitive market and sell apples by the bushel. The market price for a bushel of apples is $20. The total cost and marginal cost of producing a bushel of apples is: Tc = 32 + 2Q + 0.5Q2 MC = 2 + Q At what price [per bushel) will this market be in a long run equilibrium? (Write answer without the dollar sign.)

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