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  3. consider a cost function of the form calculate mc

Consider a cost function of the form Calculate MC 1 000 20 000 980x x...

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Consider a cost function of the form Calculate MC 1 000 20 000 980x x for 0 x 1 000 for x 1 000 In an attempt to calculate the marginal cost at x 1 000 economists have devised the formula MC 1 000 lim C x lim C x 2 x 1 000 x 1 000 Provide your answer below C x 0

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