Question: + 9 4 just make the math harder without generating any insight. The two firms' marginal cost schedules are given in the table. a .
just make the math harder without generating any insight.
The two firms' marginal cost schedules are given in the table.
a We'll ignore the fixed costs of starting up the firms just to make things a little simpler. What is the total cost at each firm of producing each level of output? The first three levels of quantity are completed for you.
tableQTotal Cost: SmallCo,Total Cost: BigCo$$
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