Why wouldn-t destroy some of crop rather than spoil market


hypotheticl demand curve for strawberries (price $43)cases of strawberries per harvest 34 thousand. What price per case would maxine the gross receipts of strawberry growers? The price that maximizes gross receipts will be found at the midpoint og a straight-line demand curve when the curve is extended to the axes. (b) If the price of straberries is determinded by the total quantity harvested in conjunction with the demand, what size crop will result in the price quoted in part D. (c) what would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases? (d) Can you prove that the demand for strawberries in elastic above a price of $24, per case and in elastic below that price? (e) If strawberry growers can make more money by selling fewer thatn 30,000 cases, why would they ever market that much? Why wouldn"t they destroy some of the crop rather than "spoil the market"?

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Microeconomics: Why wouldn-t destroy some of crop rather than spoil market
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