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GMS Inc. makes furniture. The marginal cost of a dining set has been calculated as $1,000, and the full cost is $1,500. The dining set
GMS Inc. makes furniture. The marginal cost of a dining set has been calculated as $1,000, and the full cost is $1,500. The dining set normally sells for $3,000. GMS Inc. has plenty of spare capacity. The company has been asked to make 100 dining sets for an export.order. The minimum price these sets could be sold at is $3,000 because that is the normal selling price $1,500, which is required to cover the full cost $1,000 because that is the marginal cost for a dinning set any amount because this is an additional order none of the above
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