Question

Question 15 0/5 pts If grower A supplies 2 bushels of corn at a price of $3.25 per bushel, grower B supplies 4 bushels of corn at a price of $3.50 per bushel, grower C supplies 3 bushels of corn at a price of $3.25, and grower D supplies 5 bushels at $3.50, then the market supply curve for this market of four growers would have E none of the options 9 bushels at $3.50 and 5 bushels at $3.25 14 bushels at $3.38 5 bushe sat sa 50 and 9 bushels at 53 25

Answer 1

Answer is b) 9 at $3.50 and 5 at $3.25.

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This is because at $3.50 all the growers would be willing to supply but at $3.25 only A and C will supply.