Every Friday night, Gustavo pays $49.99 to eat nothing but crab legs at the all-you-can-eat seafood buffet at the M Resort in Las Vegas. On average, he consumes 34 crab legs each Friday. The average cost of each crab leg to Gustavo is $1.47 The marginal cost of an additional crab leg is $.

Every Friday night, Gustavo pays $49.99 to eat nothing but crab legs at the all-you-can-eat seafood buffet at the M Resort in Las Vegas. On average, he consumes 34 crab legs each Friday. The average cost of each crab leg to Gustavo is $1.47 The marginal cost of an additional crab leg is $.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter1: What Economics Is About

Section: Chapter Questions

Problem 15QP

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The marginal cost of an additional crab leg is $.

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