Suppose that a farmer’s cost of growing y bushels of corn is given by the cost
function c(y) = y2=20 + y.
(i ) What is the farmer’s supply curve of corn as a function of the price of
corn?
(ii ) If the price of corn is $5 a bushel, how much corn will this farmer grow?
Thanks!!
✅ Answers
? Best Answer
Supply curve=P=y