(Table: Soybean Cost) Look at the Table Soybean Cost

question 217

Essay

(Table: Soybean Cost) Look at the table Soybean Cost.The costs of production of a perfectly competitive soybean farmer are given in the table.If the market price of a bushel of soybeans is $15, how many bushels will the farmer produce to maximize short-run profit?
A.4
B.5
C.3
D.7

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