derbraz3588 derbraz3588

12-04-2024
Engineering

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The cost function for a certain commodity is C(q)=84+0.16q−0.0006q² +0.000003q³. a) What is the meaning of C ′ (100) in terms of this commodity's cost? b) Compare C ′ (100) to the cost of producing the 101st unit of this commodity.

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