A. Section 7.14.3 – Minimum Liquidity 1. Mid-End Liquidity Average $ 10,866,823

2.Minimum Allowed:

Period Minimum Amount
Closing Date through December 31, 2020 $9,000,000
January 1, 2021, through September 30, 2021 $7,000,000
October 1, 2021, through March 31, 2022 $6,500,000
April 1, 2022, through June 30, 2022 $6,000,000
July 1, 2022, through September 30, 2022 $5,250,000
October 1, 2022, through December 31, 2022 $4,000,000
January 1, 2023, and thereafter $2,000,000

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.