Suppose that it costs Joe costs Joe $1 to plant and tend to
tomato plants that will yield 1 bushel of tomatoes.

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Question: Suppose that it costs Joe $1 to plant and tend to tomato plants that will yield 1 bushel of tomat…
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Suppose that it costs an additional $1.50 to pick,
distribute, and sell a bushel of tomatoes.
It is now time to harvest the tomatoes. What is the
minimum price that Joe (a profit maximizer) must be able to sell
his tomatoes for to justify harvesting and selling his
tomatoes?

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