What are the production costs of a face—to—face economics

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Question: What are the production costs of a face-to-face economics class in the short run? (Production costs - NOT Consumer costs!) Consider the ?xed costs and the variable costs in the short run. What is the marginal cost of enrolling more students in a single class? What does that say about classroom size (number of students?) Based on your analysis, would a college prefer to have two economics classes with 25 students each, or one class with 40 students?

Reference no: EM133341602

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