Suppose a farmer is a price taker in soybeans with cost functions given by Suppose the farmer has to purchase a license for $50,the new total cost function is A) still TC = .1q² + 2 B) TC = .1q² + .2q + 80 C) TC = .1q² + 2q + 50 D) TC = 50

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The Answer of Suppose a farmer is a price taker in soybeans with cost functions given by Suppose the farmer has to purchase a license for $50,the new total cost function is A) still TC = .1q² + 2 B) TC = .1q² + .2q + 80 C) TC = .1q² + 2q + 50 D) TC = 50

Suppose a Farmer Is a Price Taker in Soybeans with Cost