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7 June, 14:11

Robin owns a horse stables and riding academy and gives riding lessons for children at "pony " Her business operates in a competitive industry. Robin gives riding lessons to 20 children per month. Her monthly total revenue is $4,000. The marginal cost of pony camp is $200 per child. In order to maximize profits, Robin should

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  1. 7 June, 15:34
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    Robin should give riding lessons to fewer than 20 children per month.
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