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Business, 29.02.2020 01:09 goonnation9311

Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company builds a 25th house, its total cost will increase to $5.05 million. Which of the following statements is correct?
The marginal cost of the 25th house, if it is built, will equal $250,000

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