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Cost estimates of Redd Apple (a whole-sale apple juice producing company) Quantity of sale are in necalitres, and all costs are in thousands of dollars.
Cost estimates of Redd Apple (a whole-sale apple juice producing company) Quantity of sale are in necalitres, and all costs are in thousands of dollars. TC TVC AC MC hecalitres in 000s $ in 000s $ in 000s $ in 000s $ 0 24 0 12 33 9 33 7 40 16 20 8 W N 51 27 17 15 4 72 48 18 28 109 85 21.8 47 6 168 144 28 72 Based on the cost data above, if the wholesale selling price of apple juice were $15,000 per hecalitre, what quantity of apple juice should Redd Apple produce? Answer. hecalitres At a wholesale market price of $15,000 per hecalltre, and assuming competitors have access to the same technology as Redd Apple, would competitors see this as an attractive market/industry
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