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Business, 28.10.2020 01:00 stodd9503

The chart shows the marginal cost of producing apple pies. The Cost of Pie Production
Pies
Marginal
Produced Total Cost
Per Day
Cost
O pies
$0.00
$0.00
1 pie
$1.00
$1.00
2 pies $1.50 $0.50
3 pies
$1.75
$0.25
4 pies
$2.25
$0.50
5 pies
$3.50 $1.25
6 pies $5.00 $1.50
This chart demonstrates that the marginal cost
initially decreases as production increases.
initially increases as production increases.

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The chart shows the marginal cost of producing apple pies. The Cost of Pie Production
Pies
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