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A Playground Equipment Manufacturer Plans to Spend $300,000 on a New

Question 17

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A playground equipment manufacturer plans to spend $300,000 on a new facility plus $140 for each swing set made.The formula C = 140n + 300,000 gives the cost in dollars to manufacture n swing sets. What is the marginal cost of the nth swing set? [Hint - the marginal cost of the nth swing set is the difference in cost of producing n + 1 swing sets and n swing sets).

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