What is the firms economic profit in the short run


Problem

At a market price of $50 a batch, what quantity does Lin's produce and what is the firm's economic profit in the short run? Do firm's enter or exit the market in the long run?.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the firms economic profit in the short run
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