Conversational but Professional (L. O. 4) Your Task Revise the following to make the tone conversational yet professional. a. As per your recent request, the undersigned is happy to inform you that we are sending you forthwith the procedure manuals you requested. b. Kindly be informed that it is necessary for you to designate the model number of the appliance before we can submit your order.

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.