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Americans consume more chicken than any other meat, in part because it\’s relatively cheap. Why is it so cheap? Modern technology has made processing the birds relatively easy, although some consider it inhumane. Suppose Ralph has a chicken processing plant with the total cost function shown below.

Americans consume more chicken than any other meat, in part because it\’s relatively cheap. Why is it so cheap? Modern technology has made processing the birds relatively easy, although some consider it inhumane. Suppose Ralph has a chicken processing plant with the total cost function shown below.

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