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zitze zitze
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A year ago
Shashi sells sweet potatoes in a perfectly competitive market. At the market price, Shashi maximizes her profit at $16 by producing 160 pounds of sweet potatoes. If Shashi's total fixed costs are $20.80 and her average variable cost of producing 160 pounds is $0.23, what is the market price?
Please round your final answer to two decimal places.

▸ $0.26

▸ $0.46

▸ $0.33

▸ $0.23
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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ordinarykathyordinarykathy
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A year ago
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zitze Author
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Smart ... Thanks!
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Just got PERFECT on my quiz
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Brilliant
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