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A computer firm has fixed costs of production of $10,000, and the marginal cost for each computer is $1000. So its total costs are: TC
A computer firm has fixed costs of production of $10,000, and the marginal cost for each computer is $1000. So its total costs are: TC = 10,000+ (1000*Q) What would be the average costs of making 5 and of making 10 computers? If the firm wants to minimize the average total cost of production, would it choose to make a very large or very small amount of computers
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