Question: A new computer lets a phlebotomist complete a blood draw in 10 minutes. The supplies for each draw cost $ 4, and the phlebotomist earns

A new computer lets a phlebotomist complete a blood draw in 10 minutes. The supplies for each draw cost $ 4, and the phlebotomist earns $20 per hour. The phlebotomy lab is designed to accommodate 20,000 draws per year. Its rent is $80,000 per year. What is the marginal cost of a blood draw? What principle does your calculation illustrate

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