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A small firm produces socks for men. The firm can rent one extra sewing machine for $2000 per month. With the extra machine, this firm

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A small firm produces socks for men. The firm can rent one extra sewing machine for $2000 per month. With the extra machine, this firm can now produce 550 additional pairs of socks each month which they sell for $4 a pair. As a result, renting the extra machine adds to the firm's profit and so it should the extra sewing machine

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