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Q. "Converse why an organization in an uncertain environment requires more horizontal relationships than one in a certain environment"

Q. If the industry produces 600 units, total cost is 600x300=$180,000. An increase in extra unit will cost the industry 601x301=$180,901. The marginal cost is 180,901-180,000=$901 more than the offered price of $550. It should decline the offer.

Q. Assume that Mick also Cher are the only 2 members of society also are willing to pay $10 also $8, respectively, for the 3rd unit of a public good. Also, assume that the marginal cost of the 3rd unit is $17. We can conclude that:

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9173254

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