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Business, 02.03.2020 16:55 mmassaro19

Consider a city that has a number of hot dog stands operating throughout the downtown area. Suppose that each vendor has a marginal cost of $1.501.50 per hot dog sold and no fixed cost. Suppose that the maximum number of hot dogs that any one vendor can sell is 5050 per day. If the price of a hot dog is $2.002.00, how many hot dogs does each vendor want to sell?

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Consider a city that has a number of hot dog stands operating throughout the downtown area. Suppose...

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