subject
Social Studies, 06.03.2020 19:34 martinmorsette

Farmer McDonald sells wheat to a broker in Kansas City, Missouri. Because the market for wheat is generally considered to be competitive, Mr. McDonald maximizes his profit by choosing A. to produce the quantity at which average fixed cost is minimized. B. the quantity at which market price exceeds Mr. McDonald's marginal cost of production by the greatest amount. C. the quantity at which market price is equal to Mr. McDonald's marginal cost of production. D. to produce the quantity at which average variable cost is minimized.

ansver
Answers: 1

Another question on Social Studies

question
Social Studies, 22.06.2019 16:30
What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.
Answers: 2
question
Social Studies, 23.06.2019 00:30
Compare and contrast walden and "the experiences of the a.c." include the authors, their ideas, and reasons of their failures from a christian perspective.
Answers: 2
question
Social Studies, 23.06.2019 10:00
Study this form which is allowed in and her knee name thomas as a moto to temporarily leave and interment camp what is the most likely purpose for including the statement at the top of
Answers: 2
question
Social Studies, 23.06.2019 20:30
Contemporary psychologists continue to debate some of the ideas behind the doctrine of interactive dualism introduced by renΓ© descartes, which states that:
Answers: 1
You know the right answer?
Farmer McDonald sells wheat to a broker in Kansas City, Missouri. Because the market for wheat is ge...
Questions
question
Mathematics, 19.01.2021 01:30
question
Mathematics, 19.01.2021 01:30
question
Mathematics, 19.01.2021 01:30
question
Mathematics, 19.01.2021 01:30
Questions on the website: 13722367