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If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] - nine: $102 B) seven; $78 nine; $78 seven; $102

If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] - nine: $102 B) seven; $78 nine; $78 seven; $102

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Question 7 If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] nine: $102 seven; $78 nine; $78 seven; $102
Transcribed Image Text:Question 7 If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] nine: $102 seven; $78 nine; $78 seven; $102
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