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19 May, 18:04

Your marginal cost is $4 and the market price for your good is $2 at this market price you are willing to supply goods

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  1. 19 May, 19:46
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    No, not willing to supply goods until the market price goes up.

    Explanation:

    Marginal Cost is the cost of producing one additional unit of goods or service. It is the change in the opportunity cost when one additional unit is added for production.
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