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Business, 20.07.2019 14:30 darrell1168
Afirm has a fixed cost of $500 in its first year of operation. when the firm produces 100 units of output, its total costs are $3,500. when it produces 101 units of output, its total costs are $3,750. what is the marginal cost of producing the 101st unit of output? a. $340.91 b. $250 c. $350 d. $275
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Afirm has a fixed cost of $500 in its first year of operation. when the firm produces 100 units of o...
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