How does the cost of the first whale produced

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A Better Whale Mold? Suppose a new mold is developed for producing fake killer whales. The new mold has twice the cost of the original mold, but cuts the marginal cost of whales to $1,000. (Related to Application 2 on page 507

a. How does the cost of the first whale produced with the new mold compare to the cost with the original mold?
b. mold?

Reference no: EM131145566

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