Factory production level

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Reference no: EM131927427

A factory produces a product that sells for$12 per unit. They currently produce 2200 units per month, with an average cost of $3 per unit. The marginal cost at this level of production is $2.00

Choose the correct statement below. Assume that the factory sells all that it produces and that the factory's production level has no effect on the price.

Reference no: EM131927427

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