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29 July, 10:21

Scenario

A hypothetical firm called Seago Bricks is specialising in production Bricks at unit of R3 and selling at a price of R6. The cost of labour increase from R150 to R200 per labourer visit a Seago Bricks or production firm of your choice to conduct research on the following. Explain the four basic costs curves that Seago Bricks will experience. (10) ?

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  1. 29 July, 11:45
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    Yes I believe your scenario is correct
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