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Applying the concept of marginal costs , how would you, as a business owner, decide how much to produce? How does the impact of fixed
- Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?
- How does the impact of fixed costs change production decisions in the short run and in the long run? Refer to the average total-cost (ATC) model included in the textbook to demonstrate. the textbook reference: Mankiw, N. G. (2021).Principles of microeconomics(#9 edition). Cengage.
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Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
12th edition
134733821, 134733827, 9780134734507 , 978-0134733821
