Use the Following to Answer Question

question 196

Multiple Choice

Use the following to answer question:
-(Figure: Total Cost for Tomato Producers) Use Figure: Total Cost for Tomato Producers.The market for tomatoes is perfectly competitive.The market price of a bushel of tomatoes is $14.The farmer's total cost at the profit-maximizing number of bushels is:

• A)$3.50.
• B)$14.00.
• C)$56.00.
• D)$72.00.

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Definitions:

Necessary

A requirement or need for a particular purpose or reason.

THINK Technique

A strategy or process designed to help individuals make thoughtful and informed decisions or reactions, emphasizing thoughtful consideration before acting.

Inspiring

Having the effect of motivating or encouraging someone to do something or to feel a certain way.

Prescription

An authorization written by a medical professional allowing a patient to be issued a medicine or treatment.