A firm's marginal cost can always be thought of as the change in total cost if O the firm moves to the next highest isoquant. O the firm produces one more unit of output. the firm buys one more unit of labor. the firm produces one more unit of capital.

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Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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A: To make any item at lower cost is always a plus point in the market.

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Q: How to perform a cost benefit analysis?

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Q: Are options b through e correct or incorrect?

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Q: Explain complex economic concepts to a reporter through an email pitch.

A: Hi [Reporter's Name],I hope this message finds you well. I would love to discuss two key economic…

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Q: Utility equals satisfaction true or false

A: The concept of utility is used to analyse consumers' tastes.

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A: In this case, revenue generation of Tesco is given here. We have to show the evenly distributed…

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A: Probability hypothesis is the underpinning of factual science, giving a numerical method for…