A firm producing in the short run produces 200 units and the total cost of production is $4000. When they increase output to 220, the cost rises to $4200. When output rises to 240, the cost rises to $4100. The firm is experiencing:

Dear Student,
Your question is not clear and appears to be ambiguous. Kindly recheck your question and please be a little specific so that we can provide you some meaningful help.
Looking forward to hear from you again.

  • 1
What are you looking for?