AgEc 110 3.10

AgEc 110 3.10 - TR=TC TC=P*yield(Q) TC/Yield = Breakeven...

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Costs Cultural costs – Fixed Costs Total Revenue = P*Q Harvest costs – variable costs Is it worth it?? (to plant / to harvest) TC<TR π > 0 Breakeven
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Unformatted text preview: TR=TC TC=P*yield(Q) TC/Yield = Breakeven Price TVC / P = Yield Chapter 10 TR 1000-TotalAcct Costs 800 Acctg Profit 200...
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