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

question 195

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 Tuckers are profit maximizers, how many tomatoes should they produce when the market price is $500 per ton?

• A) 6
• B) 7
• C) 8
• D) 9

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