(Table: The Marginal Cost of Spangles for a Firm in a Perfectly Competitive Market) Use the table The Marginal Cost of Spangles for a Firm in a Perfectly Competitive Market. What quantity should this firm produce if the price of a spangle is $9

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21-07-2022
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(Table: The Marginal Cost of Spangles for a Firm in a Perfectly Competitive Market) Use the table The Marginal Cost of Spangles for a Firm in a Perfectly Competitive Market. What quantity should this firm produce if the price of a spangle is $9

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jayilych4real jayilych4real · Answer 1 · 2022-07-26T19:57:40+02:00

A good example of marginal cost is if a company needs to construct a new factory in order to produce more goods, the cost of building the factory is the marginal cost.

What is Marginal Cost?

This refers to the added cost that is accrued by producing an extra unit of service.

Hence, we can see that your question is incomplete so a general overview was given to help you better understand the concept.