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If total cost function is given by C=a+bx+cx2C=a+bx+cx2,where x is the quan
If total cost function is given by C=a+bx+cx2C=a+bx+cx2,where x is the quantity of output.Show that : ddx(AC)=1x(MC−AC),ddx(AC)=1x(MC−AC),where MCMC is the marginal cost and ACAC is the average cost.
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