Use the Following to Answer Questions

question 180

Multiple Choice

Use the following to answer questions:
Figure: Revenues, Costs, and Profits for Tomato Producers III
-(Figure: Revenues, Costs, and Profits for Tomato Producers III) Look at the figure Revenues, Costs, and Profits for Tomato Producers III. The market for tomatoes is perfectly competitive. If the market price of a bushel of tomatoes is $8, in the short run the farmer's profit-maximizing output is _____ bushels.

• A) 0
• B) 1
• C) 2
• D) 3

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Definitions:

Significant Others

People who play important roles in the early socialization experiences of children.

Culture's Standards

The measures and norms that are adopted and recognized within a culture to guide behavior, practices, and evaluations of what is deemed acceptable or desirable.

Socially Disapproved

Actions or behaviors that are generally condemned or regarded negatively by society.

Behaviors

The way a person or group behaves or responds when faced with outside or inside forces.