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Quantity of pumpkin Marginal cost 0 0 1 12 2 14 3 16 Given the marginal cost of each pumpkin, what will be the (short-run)
| Quantity of pumpkin | Marginal cost |
| 0 | 0 |
| 1 | 12 |
| 2 | 14 |
| 3 | 16 |
Given the marginal cost of each pumpkin, what will be the (short-run) profit-maximizing output if the price is $15?
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Contemporary Labor Economics
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
11th Edition
1259290602, 1259290603, 978-1259290602
