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Business, 01.04.2021 19:50 mmoore36

Realize that the change in cost that you describe above is called the marginal cost associated with machine hours. The resident cost control expert on the management team believes that the true marginal cost associated with total machine hours is different from $1,300. Test this claim. (Hint: Remember to take into account the measurement units of each variable.) Use a 10% level of significance.

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