PRICE L 80 SRAS 60 40 20 + 0 0 1 2 3 4 5 6 7 8 9 10 REAL GDP (Trillions of dollars) The short-run equilibrium output level is exists in the labor market of this economy. and the economy is operating . As a result, ' at a long-run equilibrium

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A seasonal bus tour firm has 5 buses with a capacity of 60 people each. Each customer pays $25 for a one-day tour. Records show $360,000 in fixed costs per season, incremental costs of $5 per customer, and an average daily occupancy of 80%. The number of days of operation necessary each season to break even is closest to which value? (a) 50 days (b) 75 days (c) 100 days (d) 120 days?

If LRTC is 200+5q-2(q)(q)+(q)(q)(q) the MC is..