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QUESTION
Suppose that you own two farms on which to grow corn. in order to lower the cost of production, you determine to increase production on farm 1 and reduce it on farm 2. this implies that the marginal c
Suppose that you own two farms on which to grow corn. in order to lower the cost of production, you determine to increase production on farm 1 and reduce it on farm 2. this implies that the marginal cost of production on farm 1 is:
