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From: Chap. 5: The Morality of Radical Economics (MRE): AssumeCoal Ben is selling Hamburger plates that have an average cost of $3 at an initial
From: Chap. 5: The Morality of Radical Economics (MRE):
- AssumeCoal Ben is selling Hamburger plates that have an average cost of $3 at an initial price of $6 so that its sales are 25 hundred. Now suppose that using new equipment that pre-forms the burgers Coal Bens average costs per burger are reduced to $1, per data in the table below.
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