Question: The marginal cost function for XYZ Ltd is given by C ' ( x ) = 0 . 0 0 0 0 5 x 2
The marginal cost function for XYZ Ltd is given by Cxxx where C'is measured in dollars per unit and x is the number of units produced by XYZ The company also has a fixed cost of $ What is the cost incurred by the company to produce its first units? Round your answer to the nearest penny
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