Business, 12.10.2020 21:01, jalenshayewilliams

Turkey farming is a perfectly competitive industry and all turkey farms have the same cost curves. When the market price is $33 a turkey, each farm maximizes profit by producing 700 turkeys a week. At this output, average total cost is $24 and average variable cost is $19 a turkey Minimum average variable cost is $15 a turkey Two points on the turkey farm's supply curve are 700 turkeys supplied ateach and 0 turkeys supplied at each. A. $19, $13
B. $13, $19
C. $33, $13
D. $13, $33
E. $33, $19

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Turkey farming is a perfectly competitive industry and all turkey farms have the same cost curves. W...