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Determine the marginal cost for General Electric's new appliance production line. Cost Components Fixed Costs ($) Variable Costs per Unit ($) Production Volume (units) Appliance

Determine the marginal cost for General Electric's new appliance production line.

Cost Components

Fixed Costs ($)

Variable Costs per Unit ($)

Production Volume (units)

Appliance Production

1,300,000,000

500

3,000,000

Requirements:

Calculate the marginal cost per unit.

Analyze how changes in production volume affect the marginal cost.

Determine the pricing strategy based on marginal cost analysis.

Provide recommendations to manage costs in appliance production. 

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