The marginal cost function for a company is given by C'(q) = q? – 15q + 70 dollars/unit, where q is the quantity produced.
If C(0) = 550, find the total cost of producing 20 units.
What is the fixed cost and what is the total variable cost for this
quantity?
Fixed cost = $
Variable cost of producing 20 units = $
Total cost of producing 20 units = $

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