Average total cost 199 €199 200 200 201 201 If a new customer offers to pay your flatmate €300 for one dose, should she make one more? Explain.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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2. Your flatmate's long hours in the chemistry lab finally paid
off – she discovered a secret formula that lets people do
an hour's worth of studying in 5 minutes. So far, she's
sold 200 doses, and faces the following average total cost
-
schedule:
Average total cost
199
€199
200
200
201
201
If a new customer offers to pay your flatmate €300 for one
dose, should she make one more? Explain.
Transcribed Image Text:2. Your flatmate's long hours in the chemistry lab finally paid off – she discovered a secret formula that lets people do an hour's worth of studying in 5 minutes. So far, she's sold 200 doses, and faces the following average total cost - schedule: Average total cost 199 €199 200 200 201 201 If a new customer offers to pay your flatmate €300 for one dose, should she make one more? Explain.
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