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(Solved): Suppose SusanSusan is currently producing 50 comma 00050,000 hotdogshotdogs per month at a tota ...



Suppose SusanSusan is currently producing 50 comma 00050,000 hotdogshotdogs per month at a total cost of ​$5 comma 000.005,000.00. What is herher average total cost of​ production?   ​$enter your response here. ​(Enter a numeric response using a real number rounded to two decimal​ places.) Part 2 Now suppose SusanSusan increases production to 50 comma 00150,001 hotdogshotdogs​, and the total cost of production increases to ​$5 comma 000.165,000.16. What is herher marginal cost of producing the 50 comma 00150,001 Superscript th hotdoghotdog​? ​ $enter your response here. Part 3 Since the marginal cost of production is greatergreater than the average total cost of​ production, the average total cost of production must be ▼ falling rising .



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