Am. 111. q075150225 300 375 450C(q)21 29 26 25 30 25 27The table shows the marginal cost of producing q units ofgoods.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 wereincreased one unit, to 226 units?Answer: $

a) To determine the total cost of producing 225 units using the average of left- and right-hand…

Answered: q 075150225 300 375 450 C(q)21 29 26 25…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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