A farmer can sell 10 tons of corn at market price $2,000 per ton. In order to sell one more ton of corn, the farmer: Mus

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answerhappygod
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A farmer can sell 10 tons of corn at market price $2,000 per ton. In order to sell one more ton of corn, the farmer: Mus

Post by answerhappygod »

A farmer can sell 10 tons of corn at market price $2,000 perton. In order to sell one more ton of corn, the farmer:
Must sell it for less than $2,000.
Cannot sell anymore because the market is in equilibrium.
Can sell it for $2,000.
Should raise its price above $2,000.
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