If the first copy cost of producing a R&B music video is $350,000 and the marginal cost is $0,how much total cost would the firm incur if it produces 5 million copies?

Question

Quizplus · Accepted Answer

The total cost includes the first copy cost of $350,000 plus the marginal cost of $0 for each additional copy, resulting in a total cost of $350,000 regardless of the number of copies produced.

If the First Copy Cost of Producing a R&B Music