Use the Table of Expected Cost and Revenue Data for the Tuckers

question 343

Multiple Choice

Use the table of expected cost and revenue data for the Tuckers Tomato Farm below to answer the following question(s) . The Tuckers produce tomatoes in a greenhouse and sell them wholesale in a competitive price-taker market.
Table 9-1
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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