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Ashley, who makes knitted caps, determines that her marginal cost of producing one more knitted cap is equal to $10. A consumer offers her $12 if she sells one more knitted cap to her. Ashley will:
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Dec 8, 2021
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Ashley, who makes knitted caps, determines that her marginal cost of producing one more knitted cap is equal to $10. A consumer offers her $12 if she sells one more knitted cap to her. Ashley will:
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Ashley will get two extra dollars from making the cap that she sells if it costs her 10 to make a knitted cap and get paid 12 dollars that an extra 2 dollars per cap.
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Dec 14, 2021
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