Eliza works in a diner and creates luscious pies. She has the following average total cost schedule (see the picture below): I Quantity of Pies Produced 600 601 Average Total Cost in HongKong Dollars 300 301 The current level of production of Eliza is 600 (six-hundred) pies, which all have been sold. A customer desperately texted you that they wanted to buy one of her pies. They offer 550 HK$. Should Eliza accept the offer? If not, why?
Eliza works in a diner and creates luscious pies. She has the following average total cost schedule (see the picture below): I Quantity of Pies Produced 600 601 Average Total Cost in HongKong Dollars 300 301 The current level of production of Eliza is 600 (six-hundred) pies, which all have been sold. A customer desperately texted you that they wanted to buy one of her pies. They offer 550 HK$. Should Eliza accept the offer? If not, why?
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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Transcribed Image Text:Eliza works in a diner and creates luscious pies. She has the following average total cost
schedule (see the picture below):
H
Quantity of Pies Produced
600
601
Average Total Cost in HongKong Dollars
300
301
The current level of production of Eliza is 600 (six-hundred) pies, which all have been sold. A
customer desperately texted you that they wanted to buy one of her pies. They offer 550 HK$.
Should Eliza accept the offer? If not, why?
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