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Given that the total cost function for x units of a commodity is : $C(x)=\large \frac{x^3}{3}\normalsize +3x^2-7x+16$
(i) Find the Marginal Cost (MC) (ii) Find the Average Cost (AC) (iii) Prove that : Marginal Average Cost (MAC)=$\large\frac{x(MC)-C(x)}{x^2}$
isc
class12
modelpaper
2011
sec-c
q14
q14-b
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Apr 11, 2013
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sreemathi.v
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