Use the Following to Answer Questions

question 119

Multiple Choice

Use the following to answer questions :
Figure: Costs and Profits for Tomato Producers
-(Figure: Costs and Profits for Tomato Producers) Use Figure: Costs and Profits for Tomato Producers.The market for tomatoes is perfectly competitive.The market price of a kilogram of tomatoes is $14.The farmer's total cost at the profit-maximizing number of kilograms is:

• A) $3.50.
• B) $14.00.
• C) $56.00.
• D) $72.00.

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Definitions:

Wise-Use Resource

A concept promoting the sustainable management and use of natural resources for economic and social benefits.

Henry David Thoreau

A 19th-century American essayist, poet, and philosopher, best known for his book "Walden," a reflection upon simple living in natural surroundings.

George Perkins Marsh

A 19th-century American diplomat and environmentalist considered one of the precursors to the modern environmental movement.