This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Profit MaximizationJalapenos sell in a perfectly competitive market. At the profit-maximizing level ... (Read 487 times)

C0DxHalo

  • Full Member
  • ***
  • Posts: 144
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by C0DxHalo on Nov 23, 2022

FireandIce

  • Full Member
  • ***
  • Posts: 157
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.
Answer Preview
Only 58% of students answer this correctly


C0DxHalo

  • Member
  • Posts: 144
Reply 2 on: Nov 23, 2022
Gracias!

dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Nuclear division at the DNA level Nuclear division at the DNA level
Examples of Basic-Level, Subordinate, and Superordinate Concepts Examples of Basic-Level, Subordinate, and Superordinate Concepts
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Projections of global temperature depend heavily on the level of future greenhouse gas emissions Projections of global temperature depend heavily on the level of future greenhouse gas emissions
Ice Age Sea Level Ice Age Sea Level
Hearing level comparison amongst workers Hearing level comparison amongst workers
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library