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Price elasticity of demand and Perfect Competition Table 1. Quantity of tomatoes and marginal cost Quantity of organic tomatoes [Marginal cost 12 Referring to Table
Price elasticity of demand and Perfect Competition Table 1. Quantity of tomatoes and marginal cost Quantity of organic tomatoes [Marginal cost 12 Referring to Table 1 above, caleulate producer's average total cost in Table 2 above and answer the following guestions. _ _ Assume the fiwed cost is $140. When quantity of organic tomata is 10, the average cost s [ Select ] L When guantity of organic tomato is 20. the average cost is [ 34%ct ] w When quantity of organic tomato is 30, the average cost is [ 5etect ] When guantity of organic tomato is 40. the average cost is $
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