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Author Question: Shashi sells sweet potatoes in a perfectly competitive market. At the market price, Shashi maximizes ... (Read 94 times)

sc1250

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on: Nov 23, 2022
Shashi sells sweet potatoes in a perfectly competitive market. At the market price, Shashi maximizes her profit at $16 by producing 160 pounds of sweet potatoes. If Shashi's total fixed costs are $20.80 and her average variable cost of producing 160 pounds is $0.23, what is the market price?
Please round your final answer to two decimal places.
◦ $0.26
◦ $0.46
◦ $0.33
◦ $0.23
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by sc1250 on Nov 23, 2022

Afvelasquez

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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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sc1250

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

irishcancer18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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