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The Average Cost of Producing X Units of a Commodity C(x)=20.4−0.0007xC(x)=20.4-0.0007 x

Question 69

Short Answer

The average cost of producing x units of a commodity is given by the equation C(x)=20.4−0.0007xC(x)=20.4-0.0007 x .
Find the marginal cost at a production level of 1,255 units.

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