Business
Business, 19.11.2019 05:31, Jimenezmiranda

Wenqin is a farmer, and in the short run she produces 100 bushels of wheat. her average total cost per bushel is $1.75, total revenue is $450, and total fixed costs are $100. wenqin's: select one:
a. average fixed cost is $1.50.
b. economic profit is $250.
c. profit per bushel is $2.75.
d. average variable cost is $1.25.

answer
Answers: 1

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Wenqin is a farmer, and in the short run she produces 100 bushels of wheat. her average total cost p...

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