No, it is false that since then the government has chosen not to exercise its power
<span>to break up other monopolies, since breaking up monopolies is still a big part of making sure that competition remains healthy. </span>
Sheep
carcasses were injected with a poison by the sheep ranchers, in this way
coyotes would sicken but will not kill them. It is sheep ranchers’ way to
protect their sheep from coyotes in an application of classical conditioning
principles reported in the text.
The marginal cost is how much it costs to produce one item more. It cost 0$ to produce 0 bikes but if you make one, then it costs 80$. Hence the marginal cost for the first bike is 80$. For the fourth bike, we have that the 3 bikes cost 110$ and the 4 bikes cost 130$. Hence it costs 20$ dollars to produce one more bike (from 3rd to 4th) and hence the marginal cost is 20$. Similarly for the 6th bike, we compare the cost of producing 5 bikes to the cost of producing 6 bikes and we get that the marginal cost is 50$. Applying the same methodology, the marginal cost for the 7th bike is 60$.