Business, 28.06.2020 01:01, nockturnal1993

A catering company is producing at a point where its marginal costs are $25 and its fixed costs are $5000. At the current price of $10 it is producing 50 meals. If the demand goes up, such that they can now charge $20 per meal, how much should the firm now produce

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A catering company is producing at a point where its marginal costs are $25 and its fixed costs are...