When Cling Peach Orchards has a cost structure characteristic of peach orchards into this purely competitive industry, when the long run new competitors would most likely enter the market providing the wholesale price per bushel of peaches exceeded: (i) $3.00 per bushel of peaches. (ii) $7.67 per bushel of peaches. (iii) $8.00 per bushel of peaches. (iv) $8.60 per bushel of peaches. (v) $9.00 per bushel of peaches.
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