Big Stan's parking lot has fixed costs of $10,000, and his marginal costs are $2 per car. When Big ...

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Big Stan's parking lot has fixed costs of $10,000, and his marginal costs are $2 per car. When Big ...

Big Stan's parking lot has fixed costs of $10,000, and his marginal costs are $2 per car. When Big Stan decides on the number of cars that maximizes his profits, the $10,000 in fixed costs is irrelevant.

True or False?

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Microeconomics for Life: Smart Choices for You

Edition: 2^nd

Author: Cohen

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