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Author Question: Profit MaximizationJalapenos sell in a perfectly competitive market. At the profit-maximizing level ... (Read 470 times)

C0DxHalo

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on: Nov 23, 2022
Profit Maximization

Jalapenos sell in a perfectly competitive market. At the profit-maximizing level of output, Javier spends $0.50 per pound on equipment and $1.00 per pound on seed, fertilizer, fuel, and pesticides. If jalapenos sell for $2.75 per pound, Javier earns an economic ________ (profit/loss) of ________.
Please round your final answer to two decimal places.
◦ profit, $1.75
◦ loss, $1.25
◦ profit, $1.25
◦ loss, $1.75
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by C0DxHalo on Nov 23, 2022

FireandIce

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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C0DxHalo

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

TheNamesImani

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Reply 3 on: Yesterday
Excellent

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