Business, 07.04.2020 19:33 erbs2003

If the 15th unit of output has a marginal cost of $29.50 and the average cost of producing 14 units of output is $30.23, what will happen to the average cost of production if the 15th unit is produced?

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If the 15th unit of output has a marginal cost of $29.50 and the average cost of producing 14 units...