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For the given cost function C(m) = 44100 + 800:1: + 232 find: a} The cost at the production level 1950 b} The average cost
For the given cost function C(m) = 44100 + 800:1: + 232 find: a} The cost at the production level 1950 b} The average cost at the production level 1950 c) The marginal cost at the production level 1950' ' d} The production level that will minimize the average cost ' e} The minimal average cost
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