Unformatted text preview: E(variable cost)= $30,000/year for additional mach. & equip. $32,175 rent for land $80,000 other variable inputs, owned land $113,935 other variable inputs, rented land E(total variable cost)= $256,110 E(total cost)= $271,110 ? Should we produce and sell the additional 50,000 bushels ?...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10