2.8 Suppose that you are a manager of a firm like Sproule Farms, a perfectly competitive grower...

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2.8 Suppose that you are a manager of a firm like Sproule Farms, a perfectly competitive grower of sugar beets. The market price of sugar beets is $51 per ton. The table has your total cost.

What is the profit-maximizing quantity of sugar beets? What is the amount of your economic profit or loss?

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The Economics Of Managerial Decisions

ISBN: 9781292310947

1st Global Edition

Authors: Roger Blair

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Question Posted: Nov 11, 2024 02:01 AM

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2.8 Suppose that you are a manager of a firm like Sproule Farms, a perfectly competitive grower...

Question:

Quantity (tons) 5,000 Total Cost (dollars) $235,510 5,001 235,550 5,002 235,600 5,003 235,651 5,004 235,703 5,005 235,756

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The Economics Of Managerial Decisions

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