Assume your fixed cost is 250acre the variable cost per, Ask an Expert

Economics

Assume your fixed cost is $250/acre, the variable cost per bushel is $1.22, and you produce 65 bushels/acre?

a. What is your total variable cost per acre?

b. What is your total cost per acre?

c. If the price you receive per bushel is $3.83, what is your revenue per acre?

(Please show work for reference)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707926

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