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Table 4-3 -Refer to Table 4-3.The Table Above Lists the Marginal Cost

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Table 4-3
Table 4-3    -Refer to Table 4-3.The table above lists the marginal cost of cowboy hats by The Waco Kid, a firm that specializes in producing western wear.If the price of cowboy hats increases from $38 to $46, A) consumers will buy no cowboy hats. B) the marginal cost of producing the third cowboy hat will increase to $46. C) producer surplus will rise from $22 to $46. D) there will be a surplus of cowboy hats.
-Refer to Table 4-3.The table above lists the marginal cost of cowboy hats by The Waco Kid, a firm that specializes in producing western wear.If the price of cowboy hats increases from $38 to $46,


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