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Question 104

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Use the following to answer question: Use the following to answer question: -(Table: Lilly's Apple Orchard) Use Table: Lilly's Apple Orchard.Lilly is the price-taking owner of an apple orchard.Her orchard has fixed costs of $30.If the price of a bushel of apples is $25,how many bushels will Lilly produce to maximize profit? A) 0 B) 1 C) 2 D) 3
-(Table: Lilly's Apple Orchard) Use Table: Lilly's Apple Orchard.Lilly is the price-taking owner of an apple orchard.Her orchard has fixed costs of $30.If the price of a bushel of apples is $25,how many bushels will Lilly produce to maximize profit?


A) 0
B) 1
C) 2
D) 3

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