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Business, 18.02.2021 22:40 christopherschool04

Consider a small firm that is producing winter jackets. It can lease an additional sewing machine for one month for $2400. With this additional machine, the firm can produce an additional 4 jackets during that time period that it sells for $550 each. Hiring the marginal machine adds to the firm's profit and so it should the machine.

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Consider a small firm that is producing winter jackets. It can lease an additional sewing machine fo...
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