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Total cost increase from 1500 to 1800 when a firm increases output from 40 to 50 units. Which of the following is true? a) mc=300
Total cost increase from 1500 to 1800 when a firm increases output from 40 to 50 units. Which of the following is true?
a) mc=300
b) fc=400
c)mc=300
d)fc=100
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