Business, 06.03.2020 22:28 Serenitybella

Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. If Saab produces 400,000 cars per year and Volvo produces 200,000 cars per year, calculate the average production cost for each company.

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Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000...