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Cost and demand conditions MC ATC AVC 15 d = MR Price per bushel O 3 6 9 12 16 17 Bushels of wheat Refer

Cost and demand conditions MC ATC AVC 15 d = MR Price per bushel O 3 6 9 12 16 17 Bushels of wheat Refer to Figure 2. If this farmer is maximizing profits, his total costs will be Select one: a. $11 b. $132 c. $66 d. $90

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