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What is the firm marginal cost at 500 tacos

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Reference no: EM13329243

Taco Bell gives free tacos from 2 - 5pm. Suppose they make 500 tacos per hour and total costs are $1000. Assume the firm is operating at minimum costs.

a. What is the firm's average cost?

b. What is the firm's marginal cost at 500 tacos?

Reference no: EM13329243

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