Suppose the cost of producing x hundred units of a particular commodity is C(x) = 0.04x 2
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Suppose the cost of producing x hundred units of a particular commodity is C(x) = 0.04x2 + 5x + 73 thousand dollars. Use marginal cost to estimate the cost of producing the 410th unit. What is the actual cost of producing the 410th unit?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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