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= 300-10P. MR = 30 - (Q/5). Through hiring additional students and working with vendors you can get your marginal cost down to just $5.
= 300-10P. MR = 30 - (Q/5). Through hiring additional students and working with vendors you can get your marginal cost down to just $5. What price should you charge to maximize profits given the new marginal cost? $12.50 per meal $15.00 per meal $17.50 per meal $20.00 per meal
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
