If the cost function for a commodity is C(x) = x3 - 4x2 + 30x + 20

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If the cost function for a commodity is
C(x) = x3 - 4x2 + 30x + 20 dollars
find the marginal cost at x = 4 units and tell what this predicts about the cost of producing 1 additional unit and 3 additional units.

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 06:42 AM

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If the cost function for a commodity is C(x) = x3 - 4x2 + 30x + 20

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Cx x 3 4x 2 30x 20 MC Cx 3x 2 8x 30 C4 ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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