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The Average Cost of Producing X Units of a Commodity C(x)=20.40.0007xC ( x ) = 20.4 - 0.0007 x

Question 8

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The average cost of producing x units of a commodity is given by the equation C(x)=20.40.0007xC ( x ) = 20.4 - 0.0007 x ) Find the marginal cost at a production level of 1,255 units.

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