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3 The marginal cost for producing x units of a certain product is given by the formula MC 0 001x20 5x 66 5 A What

3 The marginal cost for producing x units of a certain product is given by the formula MC 0 001x20 5x 66 5 A What is the increase in the cost of the production if the production level is raised from 200 to 400 units You may use your calculator here Hint Remember that marginal cost is the rate of change of the cost of production

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