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bulgar [2K]
3 years ago
11

A poultry farmer is debating whether to acquire Rhode Island Reds or Buff Orpingtons to lay the eggs he wants to sell. The fixed

costs for the Buffs would be $7500 and the variable costs per egg would be a dime per egg. The Reds would have a fixed cost of $6000 and a variable cost of fifteen cents. At what level of egg production would the poultry farmer be indifferent between Rhode Island Reds and Buff Orpingtons
Business
1 answer:
stealth61 [152]3 years ago
3 0

Answer:

30,000

Explanation:

$7500 + 0.1x = $6000 + 0.15x

collect like terms and solve for x

$7500 - $6000 = 0.05x

x = 30,000

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Answer:

functional.

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Therefore, improving the quality of the goods and services produced will increase their functional value.

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The opportunity cost of keeping the $10,000 is:

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