What is your total cost per acre

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Reference no: EM13999102

Assume your fixed cost is $250/acre, the variable cost per bushel is $1.22, and you produce 65 bushels/acre?

a. What is your total variable cost per acre?

b. What is your total cost per acre?

c. If the price you receive per bushel is $3.83, what is your revenue per acre?

(Please show work for reference)

Reference no: EM13999102

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