Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 30 watermelons. If he plants 2 bags of seeds, he gets 50 watermelons. If he plants 3 bags of seeds he gets 60 watermelons. A bag of seeds costs $100, and the costs of seeds are his only costs. What is the shape of Farmer Jack's marginal cost curve? A. Constant. B. Upward sloping. C. Downward sloping. D. U-shaped.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 30 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance. How much is his annual premium? Annual premium = $ If he were to pay semiannual premiums, what would the premium be?
Answers (1)
development is a joint approach among those who seek economic growth with "wise resource management, equitable distribution of benefits and reduction of negative effects on people and the environment from the process of economic growth."A.
Answers (1)
On 31st March 2009. Suraj has to pay to Ms Chandra Rs. 7,000 on account of credit purchase from the later. He paid Rs. 1.800 on 30th June 2009 after availing a cash discount of 10%. On 30th September 2009, he paid Rs.
Answers (1)
During the current year, Stern Company had pretax accounting income of $53 million. Stern's only temporary difference for the year was rent received for the following year in the amount of $21 million. Stern's taxable income for the year would be:
Answers (1)
Of digby corporation's products, which earned the lowest net margin as a percentage of its sales? select: 1save answer dome daze drat dug
Answers (1)
New Questions in Business
Open-end mutual funds are the most common type of investment company. Which of the following statements characterize these funds? Check all that apply. a. Fairly liquid investments. b. Issue new shares in response to increased demand. c.
Answers (1)
The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is A. 10.62%. B. 10.8%. C. 10.26%. D. 10%.
Answers (1)
EA1. LO 6.1Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours.
Answers (1)
This type of data display are excellent ways to organize and categorize data and can be useful to examine the detail of a specific concept, category, or response. What is this type of data display called? a. Bar graphs b. Pie charts c. Tables d.
Answers (1)
True or false SCORE is cosponsored by the SBA?
Answers (1)