Business, 12.10.2019 00:50, cjmckee2001
Two car manufacturers, saab and volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. if saab produces 200,000 cars per year and volvo produces 100,000 cars per year, calculate the average production cost for each company. average production cost for saab: $ . average production cost for volvo: $ . on the basis of these costs, which company's market share do you think will grow in relative terms?
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Two car manufacturers, saab and volvo, have fixed costs of $1 billion and marginal costs of $10,000...
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