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the marginal cost is
1 (120-70)/1 =50/1 = 50
2 (150-70)/2 = 40
3 (190-70)/3= 40
4 (240-70)/4 = 42.5
5 (300-70)/5 = 46
sell 4 portrait per hour
the total cost is 240, total revenue is 180
he lose 60 per hour.
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Goal of Convention Centers Paper
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Goal of Convention Centers Paper
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The objective of this Module is for the student to combine the economic tools learned during the semester to make a recommendation to accept or reject a policy proposal. Students will use economic analysis to communicate and defend their positions.
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1. Sanders--Convention Center Supply and Demand Economics 650.pdf
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