Question: [ - / 3 Points ] Suppose that the cost function for a commodity is C ( x ) = 3 0 x 2 dollars
Points
Suppose that the cost function for a commodity is
dollars
a Find the marginal cost at units.
Tell what this predicts about the cost of producing additional unit.
The cost to produce the th unit is predicted to be $
b Calculate to find the actual cost of producing additional unit.
$
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