Question 26...please solve The perfectly competitive farmer's profit maximizing level of output when price is $2is _ units of output--MCATCP=MR2.ofBusbels of soybeansFigure 9.32000.1000O700

We have to find following question.We have to know that a perfect competitive firm maximize it's profit where MR = MC . When price is equal to $2 it will produce 700 units of output . So correct answer is option D.

Answered: The perfectly competitive farmer's…

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Economics

The perfectly competitive farmer's profit maximizing level of c is units of output MC ATC 12 P=MR 200 700 1p00 1400 q Bushels of soybeans Figure 9.3 O 200 1000 %24 2. arm ad so)

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

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Question

Question 26...please solve

The perfectly competitive farmer's profit maximizing level of output when price is $2
is _ units of output
--
MC
ATC
P=MR
2.
of
Busbels of soybeans
Figure 9.3
200
0.
1000
O700

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