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Cost Curves Cost Curves

Cost Curves - PowerPoint Presentation

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Uploaded On 2017-12-01

Cost Curves - PPT Presentation

Bob the Builder Example Cost Curves Bob the Builder Example Total Cost To employ Bob to work the firm needs to pay 420 Every additional worker is 420 Bricklayer Total Cost 1 420 2 840 ID: 611614

bob cost builder curves cost bob curves builder brick total costs 420 fixed output average 210 840 variable firm decreases pay marginal

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