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A firm makes two products: frying pans and saucepans. Frying pans sell for $44 each and saucepans sell for $34 each. The variable cost of
A firm makes two products: frying pans and saucepans. Frying pans sell for $44 each and saucepans sell for $34 each. The variable cost of making a frying pan is $27.0, and the variable cost of making saucepans is $9.4. The firm has additional manufacturing costs of $2.4 million.
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