Business
Business, 21.08.2019 07:30, dellian5355

Pastry paradise is looking to expand. it decides to take over sweet tooth, a competitive firm. the two firms have similar technology but different costs. pastry paradise has $1500 fixed costs and $1 marginal cost per unit produced. sweet tooth has $500 fixed costs but $5 marginal cost per unit produced. what is the total cost, at the level of production where pastry paradise is indifferent between which technology is used?

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