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Business, 25.11.2021 08:30 Kjswagout5052

Let C(n) denote the cost of producing n items. The rate of change dC dn is known as the marginal cost. Explain the meaning of the marginal cost in practical terms. The marginal cost dC dn is the additional cost expected if n additional items are produced. The marginal cost dC dn is the additional cost expected if 1 additional item is produced. The marginal cost dC dn is the difference between the expected cost and the actual cost. The marginal cost dC dn is the total cost expected if n additional items are produced. The marginal cost dC dn is the total cost expected if 1 additional item is produced.

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Let C(n) denote the cost of producing n items. The rate of change dC dn is known as the marginal cos...
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