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You are considering renting a city apartment with 1,000 square feet for $1,700 per month. The monthly rent on a larger, 1,500-square-foot city apartment is
You are considering renting a city apartment with 1,000 square feet for $1,700 per month. The monthly rent on a larger, 1,500-square-foot city apartment is $2,250.
What is the marginal cost of renting an apartment with 500 additional square feet per month?
(Round your response to two decimal places.)
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