This topic contains a solution. Click here to go to the answer

Author Question: Profit MaximizationJalapenos sell in a perfectly competitive market. At the profit-maximizing level ... (Read 141 times)

C0DxHalo

  • Full Member
  • ***
  • Posts: 144
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


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
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
Great answer, keep it coming :)


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library