Explain marginal costs or marginal revenues

Reference no: EM13197705

What marginal costs does University of Phoenix incur in offering one more ECO/561 class?

What marginal revenues does University of Phoenix earn from each additional ECO/561 class?

How would you expect this marginal analysis to affect the volume of classes University of Phoenix offers? Does University of Phoenix maximize profits?

Use your text and/or outside source material to support your answer.

Reference no: EM13197705

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