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
Correct Answer:
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