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Author Question: If the first copy cost of a music video is $223,000 and the marginal cost is $0, how much total cost ... (Read 3097 times)

Hungry!

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on: Jul 20, 2019
If the first copy cost of a music video is $223,000 and the marginal cost is $0, how much total cost would the firm incur if it produces 1 million copies?
◦ zero
◦ $223,000
◦ $1 million
◦ $1 million + $223,000
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Hungry! on Jul 20, 2019

reversalruiz

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Reply #1 on: Jul 20, 2019
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Sid Ranka

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Reply #2 on: Dec 12, 2021
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