Business, 27.07.2020 01:01 reganwade8298

Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $15,000 per car. If Saab produces 500,000 cars per year and Volvo produces 200,000 cars per year, calculate the average production cost for each company.

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Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $15,000...

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