Business, 27.11.2019 23:31 munchycluz9
Suppose you have been tasked with regulating a single monopoly firm that sells 50-pound bags of concrete. the firm has fixed costs of $10 million per year and a variable cost of $1 per bag no matter how many bags are produced. instructions: enter your answers as whole numbers. in part e, round your answer to 2 decimal places.
a. if this firm kept on increasing its output level, would atc per bag ever increase
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