2. Your roommates long hours in Chem lab finally paid offshe discovered a secret formula that lets...

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2. Your roommate’s long hours in Chem lab finally paid off—she discovered a secret formula that lets people do an hour’s worth of studying in 5 minutes. So far, she’s sold 200 doses, and faces the following average-totalcost schedule:

Q AVERAGE TOTAL COST 199 $199 200 200 201 201 If a new customer offers to pay your roommate $300 for one dose, should she make one more? Explain.

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Principles Of Microeconomics

ISBN: 398057

2nd Edition

Authors: N. Gregory Mankiw

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