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Author Question: The above table gives the total cost schedule for oil changes at the local Jiffy Lube. a. What is ... (Read 1270 times)

nummyann

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on: May 24, 2019



The above table gives the total cost schedule for oil changes at the local Jiffy Lube.
a. What is Jiffy Lube's total fixed cost?
b. What is the total variable cost of 2 oil changes?
c. What is the average variable cost of 4 oil changes?
d. What is the average fixed cost of 2 oil changes?
e. What is the marginal cost of the 3rd oil change?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by nummyann on May 24, 2019

spencer.martell

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Reply #1 on: May 24, 2019
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nummyann

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Reply #2 on: May 24, 2019
Excellent


spencer.martell

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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Reply #4 on: Nov 18, 2020
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