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Your friend has started a small business selling a new product. He sells his product for $5.00 and the average cost of producing it is
Your friend has started a small business selling a new product. He sells his product for $5.00 and the average cost of producing it is $4.90. He is unsure whether he is producing the right quantity of his product, so he asks for your advice. What should you tell him? Support your responses with resources from the course using the new terms you are learning.
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