Marginal cost of producing copies must be increasing

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Reference no: EM13148010

The following problem is somewhat more advanced. Is Jill Johnson right or wrong when she says the following? “Currently, I am producing 20,000 copies per day at a total cost of $750.00. If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.

Reference no: EM13148010

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