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Question #3968
Given the marginal cost function C'(x)= 0.4x-60 and that the cost of producing 100 items is $4350
Find the cost function
Expert's answer
C(x) = 0.2x^2 - 60x + n,
0.2*100^2 - 60*100 + n = 4350
2000 - 6000 + n =
4350
n = 8350
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