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ISC XII Math
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Q)
If total cost function is given by
C
=
a
+
b
x
+
c
x
2
,where x is the quantity of output.Show that :
d
d
x
(
A
C
)
=
1
x
(
M
C
−
A
C
)
,
where
M
C
is the marginal cost and
A
C
is the average cost.
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