Question

If the market price of a bushel of wheat increases to $185, how many bushels should Elmer produce to maximize profit? Explain your answer.

***How can I find this? :/

Answer 1

I have no clue...

Answer 2

Sorry.

Answer 3

ahh okie thanks though!!

Answer 4

what's the actual price of bushel of wheat...?

Answer 5

@ganeshie8 what you say sir...?

Answer 6

oh wait sorry, it's $150 originally!

Answer 7

@dan815

Answer 8

-.-

Answer 9

where is the profit eqn

Answer 10

profit equation?

Answer 11

like a table?

Answer 12

Profit= Selling Price - Cost Price...

Answer 13

ohh okay:) i have this table if it will help? :/

Answer 14

i have no idea.... but you can take help from here...


http://www.indiabix.com/aptitude/profit-and-loss/formulas

Answer 15

okay :) i will try to use those!

thank you very much!!!

Answer 16

pleasure...