Refer to the Information Provided in Figure 8

question 196

Multiple Choice

Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. Figure 8.9
-Refer to Figure 8.9. If this farmer produces the profit-maximizing level of hay when the market price is $18 per bale, her total cost would be

• A) $1,200.
• B) $2,800.
• C) $5,600.
• D) $6,300.