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A company has two production facilities(factory). Each plant's cost function is ? c 1 ? ( q 1 ? ) = q 1 2 ?
A company has two production facilities(factory). Each plant's cost function is ?c1?(q1?)=q12?/2,c2?(q2?)=q2?? .
Derive the company's overall cost function ?C(q)? .
[Hint: ?q=q1?+q2??,
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