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Question
Table 4-3| The Waco Kid's Cowboy Hats | Marginal Cost (dollars) |
| 1st hat | $24 |
| 2nd hat | 30 |
| 3rd hat | 38 |
| 4th hat | 46 |
Refer to Table 4-3. The table above lists the marginal cost of cowboy hats by The Waco Kid, a firm that specializes in producing western wear. If the market price of cowboy hats is $50, how many hats will be produced?
A) 0
B) 1
C) 2
D) 4
Answer
This answer is hidden. It contains 1 characters.
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