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How many hamburgers will harold sell

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Reference no: EM131728138

Suppose that Harold sells hamburgers. The total cost of production, based on the number of hamburgers produced, is shown in the following table.

# of hamburgers Total Cost ($)

 1 8

2 10

3 13

4 18

5 25

6 34

7 45

Suppose that the price is $6. Assuming profit maximization, how many hamburgers will Harold sell?

Reference no: EM131728138

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