Marginal Analysis
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Question 1The local farmer's market offers 1 bag of romaine lettuce for $5 or 2 bags for $8. What's the marginal cost of the second bag?
marginal cost = $____
The local farmer's market offers 1 bag of romaine lettuce for $5 or 2 bags for $8. What's the marginal cost of the second bag?
marginal cost = $____