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Recall the Application about the manufacture of fake killer whales used to scare sea lions off the ...

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Recall the Application about the manufacture of fake killer whales used to scare sea lions off the ...

Recall the Application about the manufacture of fake killer whales used to scare sea lions off the Washington coast to answer the following question(s).

Recall the Application. If a fake killer whale to be used to scare sea lions away from steelhead and other threatened and commercially valuable species cost $11,000 for the mold and $5,000 for materials for each fake killer whale made, then the average or unit cost of producing five fake killer whales would be:

▸ $5,000.

▸ $7,200.

▸ $11,000.

▸ $16,000.

Textbook

Microeconomics: Principles, Applications, and Tools

Edition: 8^th

Authors: O'Sullivan, Sheffrin, Perez

Read 169 times

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