Te cost of producing x-items is given by the equation cx


(a) The cost of producing x-items is given by the equation C(x) = 2x2 - 200x + 6000 determine the cost of producing the 99th item.

(b) Determine the average cost function, and then determine the average cost of producing the 99th item.

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Econometrics: Te cost of producing x-items is given by the equation cx
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