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A company produces units of a commodity. The total costK (x) is given by ( look picture) a) Calculate K (x + 1) ?K (x).
A company produces units of a commodity. The total costK (x) is given by ( look picture)
a) Calculate K (x + 1) ?K (x). Use the answer to calculate how much it costs to increase production from 300 to 301 units
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