Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
Farmer Jones knows that the marginal cost to produce a bushel of tomatoes is $5 per bushel. He also knows that a consumer is willing to pay a maximum of $9 for the bushel. The price of the bushel is $6 and Farmer Jones sells his bushel for $6. On this bushel, Farmer Jones earns a producer surplus equal to
A) $1.
B) $3.
C) $5.
D) $6.
Read 289 times
3 Replies
Replies
Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4095
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  755 People Browsing
 113 Signed Up Today
Related Images
  
 263
  
 3388
  
 155
Your Opinion
What's your favorite math subject?
Votes: 293