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Business, 01.06.2021 23:10 alexis123420

A water company has the monopoly in the water market and sells 7 units of output at $5.00 per unit and 8 units of output at $4.90 per unit. If the water company produces and sells the eighth unit, what must its marginal cost be

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A water company has the monopoly in the water market and sells 7 units of output at $5.00 per unit a...

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