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Business, 07.08.2019 05:20 jenni333

In the short run, the marginal cost of the first unit of output is $20, the marginal cost of producing the second unit of output is $16, and the marginal cost of producing the third unit of output is $12. the firm's total variable cost of producing three units of output is:

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In the short run, the marginal cost of the first unit of output is $20, the marginal cost of produci...
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