0 MC ACO MC # 9 91 (soybeans) 091 AVCO MC₂ A. produce at 9₁ B. continue to produce at 92 C. produce at 93 D. exit E. cannot say need more information ACO 9 9 92 93 (wheat) 0 91 92 93 (corn) Consider Fig. 3. In the SHORT-run, with an increase in fixed costs, the corn farmer will

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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p
0
91
MCo
ACo
و
p
MCo
AVCo
A. produce at 9₁
B. continue to produce at q2
C. produce at q3
D. exit
E. cannot say-need more information
و
(soybeans) 091 92 93 (wheat)
P
(zoheat) 0 91
MCo
ACo
9
92 93 (corn)
Consider Fig. 3. In the SHORT-run, with an increase in fixed costs, the corn farmer
will
Transcribed Image Text:p 0 91 MCo ACo و p MCo AVCo A. produce at 9₁ B. continue to produce at q2 C. produce at q3 D. exit E. cannot say-need more information و (soybeans) 091 92 93 (wheat) P (zoheat) 0 91 MCo ACo 9 92 93 (corn) Consider Fig. 3. In the SHORT-run, with an increase in fixed costs, the corn farmer will
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