Ask Question
1 August, 09:00

Scenario 13-17 if farmer brown plants no seeds on his farm, he gets no harvest. if he plants 1 bag of seeds, he gets 5 bushels of wheat. if he plants 2 bags, he gets 9 bushels. if he plants 3 bags, he gets 12 bushels. a bag of seeds costs $120, and seeds are his only cost. refer to scenario 13-17. farmer brown's marginal-cost curve is

+2
Answers (1)
  1. 1 August, 09:23
    0
    His marginal cost curve is increasing, because the marginal benefit of each additional bag of seeds keeps going down and the costs continue to go up.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Scenario 13-17 if farmer brown plants no seeds on his farm, he gets no harvest. if he plants 1 bag of seeds, he gets 5 bushels of wheat. if ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers