Recall the Application about the break-even price for growing switchgrass, a perennial grass that is native to the U.S. plains states and is used to create biofuel, to answer the following question(s).
-Recall the Application.If the minimum average variable cost for switchgrass farmers is $30 per ton and the current price is $35 per ton,in the long run the switchgrass farmer will

Question

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The switchgrass farmer will make a zero economic profit because the current price exceeds the minimum average variable cost. This means that the farmer is covering all of their variable costs but not making any additional profit.

Recall the Application About the Break-Even Price for Growing Switchgrass