ag econ homework 4 - 2. Table 3. Table 4. Table 7. Cost...

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Abby Kelly Homework 4 AEC 2713 1. Peggy-Sue’s Cookies vs. Job at Cookie Monster a. Table b. Although it might seem like a great job when one looks at the accounting profit the economic profit would advise differently. Because she would lose more money going to work for someone else she needs to continue to bake her own cookies.
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Unformatted text preview: 2. Table 3. Table 4. Table 7. Cost curves of steel manufacture a. If pay is a variable coast then; AVC , ATC, and MC will shift up b. The AFC and ATC are shifted up c. This causes the AVC, ATC, and the MC to shift up d. The AVC, ATC, and MC are shifted downward...
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This note was uploaded on 04/21/2008 for the course AEC Food and r taught by Professor Daniel during the Spring '08 term at Mississippi State.

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