Business, 02.12.2020 17:00 elizabethann2

In the market for pickled herring there are two competing producers: Abbas and Taste of Base. Both herring manufacturers have fixed cost worth $880,000 a year and a constant marginal and average variable cost of $3.22 per jar. In the current year, Abbas produced and sold 400,000 jars of herring while Taste of Base produced and sold 222,000 jars. Based on this information, we can expect Abbas' quantity sold to and its in the future.

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In the market for pickled herring there are two competing producers: Abbas and Taste of Base. Both h...

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