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1.Lux Auto Corp is a company specialized in the production of luxury vehicles.Let's assume its total cost of producing4 cars is $450,000 and its total

1.Lux Auto Corp is a company specialized in the production of luxury vehicles.Let's assume its total cost of producing4 cars is $450,000 and its total cost of producing 5 cars is $500,000.

a)What is the average total cost of producing 4 cars?

b)What is the marginal cost of the fifth car?

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