rutabagas) (dollars) (dollars 12 1 10 22 2 20 28 3 30 30 4 40 31 5 50 34 60 45 7 70 59 8 80 80 The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. Omar's total profit is maximized when he produces bushels of rutabagas. O A. 6 О В. 8 ОС. 3 O D. 5 O E. 7

rutabagas) (dollars) (dollars 12 1 10 22 2 20 28 3 30 30 4 40 31 5 50 34 60 45 7 70 59 8 80 80 The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. Omar's total profit is maximized when he produces bushels of rutabagas. O A. 6 О В. 8 ОС. 3 O D. 5 O E. 7

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1
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