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Cuba Cuba
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8 years ago
Salvador grows orchids to sell to local florists. When Salvador began raising his current crop of 1,000 orchids, he could sell them for $20 per plant, and he incurred shipping costs of $3 per plant. His cost of raising orchids is $8 per plant. When his crop was ready to ship, florists were only paying $9 per plant. Use marginal analysis to determine Salvador's best course of action given the drop in the price of orchids.
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Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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Cuba Author
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8 years ago
I have a major exam next week. Thank you for taking the time to answer. Problem solved.
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8 years ago
Awesome Happy Dummy
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