Multiple Choice
Scenario 13-14
If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he plants 2 bags, he gets 9 bushels. If he plants 3 bags, he gets 12 bushels. A bag of seeds costs $120, and seeds are his only cost.
-Refer to Scenario 13-14.Farmer Brown's marginal-cost curve is
A) increasing.
B) decreasing.
C) constant.
D) U-shaped.
Correct Answer:
Verified
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