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The marginal cost of the production of the commodity is , it is known that fixed costs are ₹ …
The marginal cost of the production of the commodity is $30 + 2x$, it is known that fixed costs are ₹ $200$, find:
(i)[2.0]
The total cost.
(ii)[2.0]
The cost of increasing output from $100$ to $200$ units.
Answer
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From ISC 2020 Mathematics Paper 1, question 21(a).