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Author Question: Table 4-3 Refer to Table 4-3.The table above lists the marginal cost of polo shirts by Marko's, a ... (Read 111 times)

lidoalex

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Table 4-3







Refer to Table 4-3. The table above lists the marginal cost of polo shirts by Marko's, a firm that specializes in producing men's clothing. If the price of polo shirts increases from $15 to $20


◦ consumers will buy no polo shirts.
◦ the marginal cost of producing the third polo shirt will increase to $20.
◦ producer surplus will rise from $13 to $28.
◦ there will be a surplus of polo shirts.


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Marked as best answer by lidoalex on Mar 15, 2019

cascooper22

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lidoalex

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Reply 2 on: Mar 15, 2019
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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