Business, 23.09.2019 20:00 kiarajack456

The agricultural extension agent told the farmer that one more crop-dusting will likely add a ton of additional wheat to the harvest. the rational farmer then calculated the selling price of a ton of wheat, since he would decide to crop-dust again if and only if and only if
the marginal benefit is greater than the marginal cost of an additional crop-dusting.
the additional crops grown from one more crop-dusting (the marginal product) is rising.
the total benefits from all crop-dustings is greater than the total cost of all crop-dustings.

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The agricultural extension agent told the farmer that one more crop-dusting will likely add a ton of...

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