Van Horn, Inc. has been producing and selling 20,000 meters a year. The company has the capacity to produce 25,000 meters with its present facilities. The following information is also available:

-The least that Van Horn would be willing to sell a meter for in the short run would be

Question

Van Horn, Inc. has been producing and selling 20,000 meters a year. The company has the capacity to produce 25,000 meters with its present facilities. The following information is also available:
 
-The least that Van Horn would be willing to sell a meter for in the short run would be

Quizplus · Accepted Answer

The Answer of Van Horn, Inc. has been producing and selling 20,000 meters a year. The company has the capacity to produce 25,000 meters with its present facilities. The following information is also available:
 
-The least that Van Horn would be willing to sell a meter for in the short run would be