Question: Question 3 (1 point) Dollars MC per Back (thousands) 304 ATC AVC 361- 214 10 12 14 16 18 20 22 24 26 Quantity of

Question 3 (1 point) Dollars MC per Back (thousands) 304 ATC

Question 3 (1 point) Dollars MC per Back (thousands) 304 ATC AVC 361- 214 10 12 14 16 18 20 22 24 26 Quantity of coffee (sacks of 60 kilosl Figure 8.4.2 Refer to Figure 8.4.2 above. If the farm produces 14 sacks of coffee when market price is $380. O A) the farmer should reduce the number of sacks produced in order to increase his profit. O B) the farmer has maximized his profit. O C) the farmer does not earn any profit. O D) the farmer has lost an opportunity for additional profit

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