5. John Capellini owns a small vineyard and sells wine. The market for his type of wine is fully competitive. John's cost function per bottle is TC 800 +2Q+.5Q²2. If John can sell his wine for $32 per bottle, how many bottles should he produce? a. 1884 b. 800 c. 40 d. 30. =

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10. Read this excerpt from the October 18, 2022, Wall Street Journal.    KINDERHOOK, N.Y.—Golden Harvest Farms has grown from a small apple-growing operation when Doug Grout’s grandfather opened it after World War II, to a multipronged business that includes a retail stand, cider press, distillery, tasting room and barbecue restaurant. But Mr. Grout said he sees a cloudier future for the business due to new state regulations that will require him to increasingly pay more overtime to the farmworkers who pick his apples in the coming years, raising one of his primary costs. “We were looking to buy another orchard, and that whole thing is tabled,” said Mr. Grout, 52 years old, who co-owns Golden Harvest with his father, as he drove between rows of Honeycrisp trees. “We’re stepping away. You’re going to see farms go out of business. This is very shortsighted.”   For the apple market in New York, the new regulations will:   Cause supply to shift to the left, leading to higher prices and a…

Please follow instructions and follow graph. Show work

Hello, this is a microeconomics question. Please use a drawing of a relevant graph to explain how does perfect competition ensure allocative efficiency? Not sure if I'm supposed to use this graph, but if i am please use it as reference when making your explantion to the question of how does perfect competition ensure allocative efficiency

5 MC MR ← PREVIOUS 50 Answer here ATC D What is the profit-maximizing level of output? 10

O Farmer Brown grows peaches in Georgia. Suppose the market for peaches is perfectly competitive and that the market price for a box of peaches is $32 per box. Farmer Brown's marginal cost of production is illustrated in the table. Boxes of Peaches Market Price (per box) Marginal Cost (MC) 0 $32 1 32 10.00 2 32 5.00 3 32 15.00 4 32 30.00 5 32 60.00 6 32 90.00 What price will farmer Brown charge when maximizing profit? Farmer Brown will charge a price of $☐ per box of peaches. (Enter your response as an integer.) What is farmer Brown's profit-maximizing level of output? Farmer Brown maximizes profit when producing boxes of peaches. (Enter your response as an integer.) Time Remaining: 01:15:52 Next

The accompanying graph shows the cost curves for Moe's mushroom gathering business, which is perfectly competitive. Price ($/bushel) 60 50 40 30 20 10 0 0 ΤΑ 10 20 30 40 50 60 70 80 Quantity (bushels/month) Select one: O A. 50 bushels. C If mushrooms sell for $10 per bushel, and Moe chooses the profit-maximizing quantity, he will gather: B. 30 bushels. O C. 20 bushels. O D. zero bushels.