- 10 Marks
Question
The marginal cost of producing a particular item is given by
Required:
i. Find the total cost function C(q), if the cost of producing 2 items is N1,660.
(7 marks)
ii. Find the cost of producing 50 items.
Answer
a. (i)
(ii)
= N105,532
- Tags: Business Finance, Integration, Marginal Cost, Total Cost
- Level: Level 1
- Topic: Mathematics
- Series: MAY 2016
- Uploader: Kwame Aikins