Refer to Table 9-1. If the market price of tomatoes rose to $570 per ton, how many tons per month would the Tuckers produce if they were maximizing profit?

A) 6
B) 7
C) 8
D) 9

Question

Refer to Table 9-1. If the market price of tomatoes rose to $570 per ton, how many tons per month would the Tuckers produce if they were maximizing profit?A)  6B)  7C)  8D)  9

itsonlymarshall Marshall · Accepted Answer

Final Answer : C, Explanation :  To maximize profit, the Tuckers would produce where marginal cost equals the market price. If the market price is $570 per ton, they would produce 8 tons per month, assuming that at 8 tons, the marginal cost is closest to $570.

Refer to Table 9-1. If the market price of tomatoes rose to $570 per ton, how many tons per month would the Tuckers produce if they were maximizing profit?

A) 6
B) 7
C) 8
D) 9

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