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Answer to Question #8772 in Microeconomics for shan

Question #8772
Use the following table of expected cost and revenue data for the Tipah Tomato Farm to answer this question. Tipah produces tomatoes and sell them in a competitive price-taker market. Output (tons per month) Total Cost (RM) Price per Ton (RM) 3 2250 500 4 2500 500 5 2800 500 6 3050 500 7 3450 500 8 4000 500 9 4575 500 10 5150 500 If Tipah is a profit maximizer, how many tomatoes should she produce when the market price is RM500 per ton?
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