Remember Al, the builder of inexpensive garages? Suppose that his total costs increase by $5,000 per year

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Remember Al, the builder of inexpensive garages? Suppose that his total costs increase by $5,000 per year at every input level. Modify Table 2 to show how this change affects his total and average costs.
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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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