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q 075150225 300 375 450 C(q)21 29 26 25 30 25 27 The table shows the marginal cost of producing q units of goods. a) If the fixed cost is $9600, use the average of left- and right- hand sums to determine the total cost of producing 225 units. Answer: $ b) How much would the total cost increase if production were increased one unit, to 226 units? Answer: $

q 075150225 300 375 450 C(q)21 29 26 25 30 25 27 The table shows the marginal cost of producing q units of goods. a) If the fixed cost is $9600, use the average of left- and right- hand sums to determine the total cost of producing 225 units. Answer: $ b) How much would the total cost increase if production were increased one unit, to 226 units? Answer: $

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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q 075150225 300 375 450 C(q)21 29 26 25 30 25 27 The table shows the marginal cost of producing q units of goods. a) If the fixed cost is $9600, use the average of left- and right- hand sums to determine the total cost of producing 225 units. Answer: $ b) How much would the total cost increase if production were increased one unit, to 226 units? Answer: $
Transcribed Image Text:q 075150225 300 375 450 C(q)21 29 26 25 30 25 27 The table shows the marginal cost of producing q units of goods. a) If the fixed cost is $9600, use the average of left- and right- hand sums to determine the total cost of producing 225 units. Answer: $ b) How much would the total cost increase if production were increased one unit, to 226 units? Answer: $
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