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In the short run, a firm's total costs of producing the hundredth unit of output equal $15,000. If it produces one more unit, its
In the short run, a firm's total costs of producing the hundredth unit of output equal $15,000. If it produces one more unit, its total costs will increase to $15,100. What is the marginal cost of the 101st unit of output? $(Round your answer to the nearest cent.)
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
