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The marginal cost function associated with producing x widgets is given by C'(X) = -0.4x + 55 where C'(x) is measured in dollars/unit and x
The marginal cost function associated with producing x widgets is given by C'(X) = -0.4x + 55 where C'(x) is measured in dollars/unit and x denotes the number of widgets. If the dally fixed costs Incurred In the production is $500, compute the total cost incurred in p units of the day. dollars
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