Wenqin Is a Farmer, and in the Short Run She

Essay

Wenqin is a farmer, and in the short run she produces 100 bushels of wheat.Her average total cost per bushel is $1.75, total revenue is $450, and (total) fixed costs are equal to $100.Wenqin's:
A.average fixed cost is equal to $1.50.
B.profit per bushel is equal to $2.75.
C.average variable cost is equal to $1.25.
D.economic profit is equal to $250.