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1. A factory produces 1,500 electric machines per annum. The variable cost per machine is Rs. 100. The fixed cost is Rs. 50,000 per

1. A factory produces 1,500 electric machines per annum. The variable cost per machine is Rs. 100. The fixed cost is Rs. 50,000 per annum. 10 machines are manufactured in one lot. Find the marginal cost of production.

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