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You are the CFO of a firm that, when it produces 200 units, has an ATC of $100. You sell each unit for $289 dollars.

You are the CFO of a firm that, when it produces 200 units, has an ATC of $100. You sell each unit for $289 dollars. The CEO suggests expanding production to 201 units because according to his/her analysis, ATC will increase by only $1 to $101, which is still much lower than the selling price of $289. a) How much is the marginal cost of the 201st unit

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