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The average cost function AC for a commodity is given by $AC=x+5+\large\frac{36}{x}$ in terms of output x.Find the :
(i) Total cost and the marginal cost as the functions of x.
(ii) Output for which AC increases.
This question has multiple parts. Therefore each part has been answered as a separate question on Clay6.com
isc
class12
modelpaper
2010
sec-c
q14
q14-b
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Apr 12, 2013
by
sreemathi.v
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A company is selling a certain product.The demand function of the product is linear.The company can sell 2000 units when the price is Rs.8 per unit and when the price is Rs.4 per unit,it can sell 3000 units,Determine :
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