The total cost (in dollars) to produce qq units of a good is given by the function: C(q)=7.6q+44000C(q)=7.6q+44000 A. What is the total cost to produce q=4800q=4800 units? Total cost = $ B. What is the cost of the 48014801st item? Cost of the 48014801st item = $
The total cost (in dollars) to produce qq units of a good is given by the function: C(q)=7.6q+44000C(q)=7.6q+44000 A. What is the total cost to produce q=4800q=4800 units? Total cost = $ B. What is the cost of the 48014801st item? Cost of the 48014801st item = $
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter7: Economies Of Scale And Scope
Section: Chapter Questions
Problem 7.3IP
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The total cost (in dollars) to produce qq units of a good is given by the function:
C(q)=7.6q+44000C(q)=7.6q+44000
A. What is the total cost to produce q=4800q=4800 units?
Total cost = $
B. What is the cost of the 48014801st item?
Cost of the 48014801st item = $
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