Business, 14.07.2019 00:00, chriscook5176

Rick is an asparagus farmer and the world asparagus market is perfectly competitive. the market price is $18 a bundle. rick sells 600 bundles a week and his marginal cost is $22 a bundle. rick is a. not maximizing profit because there is too much competition in the oyster market b. maximizing profit if he is selling the maximum amount of asparagus he can produce c. maximizing profit because marginal cost is greater than marginal revenue d. not maximizing profit because marginal cost is greater than marginal revenue e. not maximizing profit because the world asparagus market is perfectly competitive

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Rick is an asparagus farmer and the world asparagus market is perfectly competitive. the market pric...