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A corporation produces mini - widgets. The variatle expenses are $ 1 . 2 4 per mini - widget, and the fixed expenses are $
A corporation produces miniwidgets. The variatle expenses are $ per miniwidget, and the fixed expenses are $ a What is the total cost to produce miniwidget? $
b What is the total cost to produce miniwidgets? $
c Express the expense function algebraically.
d What is the slope of the expense function?
e If the slope is interpreted as a rate, give the units that would be used.
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