Economics Homework Help

Prices (the wholesale price per case that we can get

ProductionPaper Processing Factory Cost/CaseFactory A Illinois$15.00Factory B New Jersey$16.05Factory C Ohio – Colombus$18.00Factory D Ohio – Dayton$14.05Factory E Pennsylvania$19.25Question 2 Part B: Prices (the wholesale price per case that we can get fromthe companies that buy from us) have just gone up, so we decide to increaseoutput and resume production in one more factory. When we do so, whatwill be our marginal cost of production in dollars per case? Please thinkthrough this question very carefully using your knowledge of rising marginalcosts and explain your answer.

 
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