Solved: It costs a company 35000 to produce 700 graphing, Microeconomics

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It costs a company 35000 to produce 700 graphing

Question: It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator. The company is currently producing 700 graphing calculators.

(i) What is the company's average cost?

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Microeconomics: It costs a company 35000 to produce 700 graphing

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Microeconomics: It costs a company 35000 to produce 700 graphing

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