Cost and revenue functions for a charter bus companyare shown in Figure 2.58. Should the
Chapter 2, Problem 12(choose chapter or problem)
Cost and revenue functions for a charter bus companyare shown in Figure 2.58. Should the company add a50th bus? How about a 90th? Explain your answers usingmarginal revenue and marginal cost.25 50 75 100 12502004006008001000C(q)R(q)q$Figure 2.58
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