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Nick owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bottle of water
Nick owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bottle of water rises as he pumps more. Here is the cost he incurs to produce each bottle of water: Cost of first bottle: $2 Cost of second bottle: $4 Cost of third bottle: $6 Cost of fourth bottle: $8
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