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Find the marginal cost given the average cost function AC = (100/Q)+ 2 Deduce that a 1 unit increase in Q will always result in
Find the marginal cost given the average cost function
AC = (100/Q)+ 2
Deduce that a 1 unit increase in Q will always result in a 2 unit increase in TC, irrespective of the
current level of output.
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