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Maths Prob 8.docx

a. Cost of production level 1050 = 536
C = 16 + (1050^2/64000) = 536
b. Average Cost of production = 536/1050 = 0.51
c. Marginal Cost =
Find Derivative of C(x) = 8/ + x/32000
Marginal cost at 1050...

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