Refer to the table below. What is Crunchy Fruits total marginal cost to produce 13,250 units?
Crunchy Fruits makes dried fruit snacks. Crunchy Fruits has a multi-plant firm with two production facilities. The table above summarizes the marginal cost of production at the individual plants and the corresponding quantity produced at the individual plants.
A) $3.05
B) $1.80
C) $1.25
D) $3.00
A) $3.05
Economics
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Refer to Figure 2-8. If Vidalia chooses to produce 40 dozen orchids, how many roses can it produce to maximize production?
A) 30 dozen roses B) 50 dozen roses C) 100 dozen roses D) 150 dozen roses
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Developed countries have lost comparative advantage in
A) high-tech industries. B) labor-intensive industries. C) capital-intensive industries. D) agricultural industries.
Economics