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A firm with total costs of $1,400,000 and sales of 2,000,000 merges with a smaller firm with a total cost of 700,000 and sales of

A firm with total costs of $1,400,000 and sales of 2,000,000 merges with a smaller firm with a total cost of 700,000 and sales of 1,200,000 million. Calculate the difference in average cost of production expressed in percent> A. 9 percent b. 6.72 percent c. 15 percent d. 4.37 percent

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