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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 4
Once the Chunnel investors (in Application 3.3 on page 83) had incurred expenses of £2.5 billion, at what projected total cost would they have decided to abandon the project
Explanation
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Marginal cost of an action is the additi...
Microeconomics 2nd Edition by Douglas Bernheim
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