Question
A com refining company produces com gluten cattle feed at a variable cost of $83 per ton. If fixed costs are $110,000 per month
A com refining company produces com gluten cattle feed at a variable cost of $83 per ton. If fixed costs are $110,000 per month and the feed sells for $134 per ton, how many tons should be sold each month to have a monthly profit of $550,000?
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Get StartedRecommended Textbook for
Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
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