Your flatmates long hours in the chemistry lab finally paid off she discovered a secret formula

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Your flatmate’s long hours in the chemistry 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 total cost schedule:

Q Average total cost (€) 199 199 200 200 201 201 If a new customer offers to pay your flatmate €300 for one dose, should she make one more? Explain.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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Question Posted: Nov 04, 2024 07:00 AM

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Your flatmates long hours in the chemistry lab finally paid off she discovered a secret formula

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Economics

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