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Refer to the Information Provided in Figure 8

Question 305

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Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. Figure 8.9 -Refer to Figure 8.9. If the market price of hay ________, then to maximize profits this farmer should produce 350 bales of hay. A) falls to $20 B) falls to $18 C) falls to $4 D) stays at $24 Figure 8.9
-Refer to Figure 8.9. If the market price of hay ________, then to maximize profits this farmer should produce 350 bales of hay.


A) falls to $20
B) falls to $18
C) falls to $4
D) stays at $24

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