Question: Hi, I need help with Problems 1 and 2 thanks The last page of the college's study was torn off, and hence the farmer is

Hi, I need help with Problems 1 and 2

thanks

The last page of the college's study was torn off, and hence the farmer is not sure which plan the agricultural college recommends. Which plan should the farmer adopt considering: (a) only the direct costs, (b) both the direct and extra-market costs? P2) One of your firm's suppliers discounts prices for larger quantities. The first 1000 parts are $15 each. The next 1500 are $13 each. All parts in excess of 2500 cost $11 each. What are the average cost and marginal cost per part for the following quantities? (a) 2250 (b) 3250

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