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A barber currently cuts hair for 50 clients per week and earns a profit. He is considering expanding his operation in order to serve more clients. Should he expand?a. Yes, because cutting hair is profitableb. No, because he may not be able to sell more servicesc. It depends on the marginal cost of serving more clients and the marginal revunue he will earn from serving more clients.d. It depends on the average cost of serving more clients and the average revenue he will earn from serving more clients.
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