Question 1
Refer to the information provided in Figure 7.1 below to answer the following question(s).
Refer to Figure 7.1. A corn producer's profit is $200 and is producing 100 bushels of corn. Then he must have a cost per bushel of ________.
◦ $1
◦ $2
◦ $3
◦ $4
Question 2
Refer to the information provided in Figure 7.1 below to answer the following question(s).
Refer to Figure 7.1. A corn producer's profit is $200 and is producing 100 bushels of corn. Then he must have a cost per bushel of ________.
◦ $1
◦ $2
◦ $3
◦ $4