Figure 9.6 shows that two firms producing 6 units each have a higher total cost than one
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Figure 9.6
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AC = 10 + 60/Q 15 10 MC = 10 12 15 Q, Units per day AC, MC, $ per unit 20
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Related Book For
Managerial Economics and Strategy
ISBN: 978-0134167879
2nd edition
Authors: Jeffrey M. Perloff, James A. Brander
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