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6. The information below represents the daily production costs at Alvaro's coffee shop, which specializes in caramel macchlatos, a) Calculate the marginal cost of producing
6. The information below represents the daily production costs at Alvaro's coffee shop, which specializes in caramel macchlatos, a) Calculate the marginal cost of producing each caramel macchiato. Show your calculations. Quantity of Total Cost Marginal Cost Caramel Macchiatos (1) (mc) 0 $30 N/A 1 ' $32 b 2 . $35 3 . 540 ' 4 ' 546 b 5 ' $53 b 6 [ 562 b) If each caramel macchiato is sold at a price of $6, how many caramel macchiatos will Alvaro produce to maximize his profit? Explain your answer. ) Graph the total cost curve for Alvaro's coffee shop. Do not forget to label the curve and the axes. Total Cost Curve d) What does the slope of the total cost curve represent? How does the slope help explain the shape of the total cost curve
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