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A car manufacturer can produce 5 cars for $10,000 each. After 5 cars are produced, the price to produce each additional car decreases to $7,500.
A car manufacturer can produce 5 cars for $10,000 each. After 5 cars are produced, the price to produce each additional car decreases to $7,500. Which term describes the type of cost for producing cars? a. total cost b. variable cost c. fixed cost d. marginal cost
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