March 30, 2017

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What marginal costs does University of Phoenix incur in offering one more ECO/561 class? What marginal revenues does University of Phoenix earn from each additional ECO/561 class? How would you expect this marginal analysis to affect the volume of classes University of Phoenix offers? Does University of Phoenix maximize profits? Use your text and/or outside source material to support your answer. If you prefer to substitute a different industry and example for this question it is permissible (and will definitely add more variety to the responses) as long as your response is supported.

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