Trout farming is a perfectly competitive industry and all tro
cost curves.
When the market price is $39 a fish, each farm maximizes profit by producing 200 fish a week. At this output, average total cost is $29 a fish, and average variable cost is $24 a fish.
Minimum average variable cost is $17 a fish.
What are two points on a trout farm's supply curve?
Two points on a trout farm's supply curve are 200 fish supplied at ____ each and 0 fish supplied at ____ each
A. $15, $24
B. $39, $24
C. $15, $39
D. $24, $15
E. $39, $15