Electricity is sold for $.12 per kilowatt-hour for the first 10000 units each month and $.09/kWh for

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Electricity is sold for $.12 per kilowatt-hour for the first 10000 units each month and $.09/kWh for all remaining units. if a firm uses 14000 kWh/month, what is its average and marginal cost? (Average cost is $.111/kWh)

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: Apr 02, 2020 12:40 AM

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Electricity is sold for $.12 per kilowatt-hour for the first 10000 units each month and $.09/kWh for

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Foundations of Financial Management

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