Homework: Homework 7- Fall 2020 Save Score: 0 of 1 pt 17 of 19 (0 complete) HW Score: 0%, 0 of 20 pts Instructor-created question Question Help Consider a producer of rice under provisions of private property. This company owns rice fields in different parts of a country. Each rice field produces 1000 bushels of rice per year. The fields vary in cost as some receive a lot of rain and rice grows there easily. Other fields need to be irrigated. Consider the MC of four such fields, Field A: $10 per bushel, Field B: $15 per bushel, Field C: $20 per bushel, Field D: $25 per bushel. Consider the market price of a bushel of rice to be $15 and demand curve for rice to be flat. In this case you would expect O A. The interest of the firm to produce as much rice as possible is aligned with the interest of consumers to have a maximum amount of rice O B. The interest of producers are not aligned. Consumers would like to have less rice and producers desire to produce more O C. The interest of the producers to maximize their net gains (rents) are aligned with the interest of consumers