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Sophia grows Christmas trees. Her cost of production is shown in the table below. Christmas Trees Total Cost $70 $105 $189 JOUAWN. $287 $399 $525
Sophia grows Christmas trees. Her cost of production is shown in the table below. Christmas Trees Total Cost $70 $105 $189 JOUAWN. $287 $399 $525 $665 Suppose the market for Christmas trees is perfectly competitive and that the market price for Christmas trees is $105 per tree. How many Christmas trees should Sophia grow? Sophia should grow |trees. (Enter your response as an integer value.) What is Sophia's profit? Sophia's profit is $ . (Enter your response to the nearest dollar.)
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