Question
Total fixed costs are $50, sunk costs are $20, variable costs are $10 per unit. Assume that I have already incurred sunk costs (N.B. I
Total fixed costs are $50, sunk costs are $20, variable costs are $10 per unit.
Assume that I have already incurred sunk costs (N.B. I am repeating myself by saying that), if I considering the production of 70 units, what is the relevant average cost to that decision? $
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The Wisdom Of Crowds
Authors: James Surowiecki
1st Edition
0385721706, 9780385721707
