Famer Smith grows com. The average total cost and marginal cost of growing com for an individual farmer are lliustrated in the graph to the right. Suppose the maket for corn is perfecty competive. if the maket price is
$28
per bushel. then to maximize profits, farmer Smith should produce Thousand bushels of com. (Enter a numeric response using an integer.)

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Famer Smith grows com. The average total cost and marginal cost of growing com for an individual farmer are lliustrated in the graph to the right. Suppose the maket for corn is perfecty competive. if the maket price is

$28

per bushel. then to maximize profits, farmer Smith should produce Thousand bushels of com. (Enter a numeric response using an integer.)

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