An entrepreneur wants to open a hotel in Puerto Escondido, Oaxaca. Two key variables that should be anticipated to estimate the number of rooms that maximize future profit should be? Total costs and marginal costs Average costs and marginal costs Total income and marginal income Total revenue and total costs

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Author:Tucker, Irvin B.
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Chapter6: Proudction Costs
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An entrepreneur wants to open a hotel in Puerto Escondido, Oaxaca. Two key variables that should be anticipated to estimate the number of rooms that maximize future profit should be?

Total costs and marginal costs

Average costs and marginal costs

Total income and marginal income

Total revenue and total costs

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