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Your Friend Plans to Autoshape Her Goldfish to Swim Up

question 7

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Your friend plans to autoshape her goldfish to swim up to a hoop (the CS) .You recommend using a US that


Definitions:

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Opportunity Cost

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Marginal Product

Describes the additional output that is produced by using one more unit of a factor of production, holding all other factors constant.

Marginal Cost

The supplementary cost that arises when one additional unit of a product or service is produced.

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