Question 2 2a(I)  A snowboard company currently hires 10 skilled employees who are paid a weekly wage of $1000. The cost of capital is $3000 and it is fixed, which mean that it does not vary with output. The company is currently producing 240 snowboards. The company’s cost will be $13,500 if it produces ab additional snowboard. A customer is willing to pay $500 for the 241st  snowboard . Should the company produce and sell it? Yes/No Explain

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A: Given TFC = 50 TVC at 20 units = 80 TC = TFC + TVC  = 130

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Q: Question 2 2a(I)  A snowboard company currently hires 10 skilled employees who are paid a weekly…

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