For the cost function C = 1000 + 300 ln q (in dollars), find the cost and

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For the cost function C = 1000 + 300 ln q (in dollars), find the cost and the marginal cost at a production level of 500. Interpret your answers in economic terms.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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For the cost function C = 1000 + 300 ln q (in dollars), find the cost and

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C500 1000 300 ln500 286438 it costs ...View the full answer

Applied Calculus

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