Top Posters
Since Sunday
y
2
s
2
2
a
1
w
1
w
1
i
1
m
1
s
1
c
1
k
1
1
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
justinw2200 justinw2200
wrote...
Go to Answer
Posts: 471
Rep: 14 0
5 years ago
If a perfectly competitive apple farm's marginal revenue exceeds the marginal cost of the last bushel of apples sold, what should the farm do to maximize its profit?

• determine what the total revenue and total cost of production are

• increase output

• decrease output

• lower its price to sell more
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 71 times
1 Reply
Replies
Answer verified by a subject expert
nick1116nick1116
wrote...
#1
Posts: 413
Rep: 73 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

justinw2200 Author
wrote...

5 years ago
Good timing, thanks!
fxinternational
wrote...

Yesterday
Correct Slight Smile TY
hpascoe
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  980 People Browsing
 130 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 519
  
 293
  
 154
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 436
Previous poll results: Which is the best fuel for late night cramming?