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Santa Monica College Marginal Cost and Marginal Revenue Project

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I’m working on a business question and need an explanation and answer to help me learn.

There is a case that u need to analysis only two questions. I will provide all the material that u need, but you need to explain with as much as details you can get and make it easy and understandable cause I have to present it.

Also, I need citation at end of the each sentence ( possibly). Please write as much as you with detail and specify information.

Q. 3. Is Grace using marginal cost and marginal revenue correctly in her analysis? Explain the errors in her analysis, if any. [Hint: Think about Jordan Wright’s questions.

Q. 5. a. Calculate the breakeven number of additional customers for each added hour of operation up to 4 am.

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