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As the manager of a store, you determine that the average weekly costs of ordering, paying for, and keeping a particular good is given by
As the manager of a store, you determine that the average weekly costs of ordering, paying for, and keeping a particular good is given by
C(q) = 100 + 200 + q, q
where q is the quantity you order when things run low. What quantity should you order in order to minimize these costs?
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