If i produce 20001 copies my total cost will rise to 750.02, Ask an Expert

Economics

The following problem is somewhat more advanced. Is Jill Johnson right or wrong when she says the following? “Currently, I am producing 20,000 copies per day at a total cost of $750.00. If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9438154

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