Business, 05.05.2020 08:18 Naysa150724
Suppose Rob is currently producing 100 comma 000 pizzas per month at a total cost of $10 comma 000.00. What is his average total cost of production? $ . 10. (Enter a numeric response using a real number rounded to two decimal places.) Now suppose Rob increases production to 100 comma 001 pizzas, and the total cost of production increases to $10 comma 000.16. What is his marginal cost of producing the 100 comma 001th pizza? $ . 16. Since the marginal cost of production is greater than the average total cost of production, the average total cost of production must be rising .
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Suppose Rob is currently producing 100 comma 000 pizzas per month at a total cost of $10 comma 000.0...
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