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Inessa [10]
2 years ago
14

If you had to pay for your “wants” on your own, how does that affect your ability to acquire them?

Business
1 answer:
Alisiya [41]2 years ago
4 0

Answer:

yes

Explanation:

If you have to buy it yourself you will have the risk of losing hard earned money, so you end up conteplating weather you really want it.

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When a firm produces 50,000 units of output, its total cost equals $6.5 million. When it increases its production to 70,000 unit
Komok [63]

Answer:

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Explanation:

The computation of marginal cost of an additional unit of output is shown below:

= Change in total cost ÷ change in production level

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And, change in production level = New production level - existing production level

= 70,000 - 50,000

=20,000

Thus, change in production level  is 20,000

Now,

Apply the above values in the formula which is equals to

=  $2.9 million ÷ 20,000

= $145

Hence, the marginal cost of an additional unit of output is $145

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