The marginal cost of manufacturing a certain product is . If the cost of producing 150 units is R3000, the cost of producing 500 units is
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Since the cost of producing 150 units is ₹3000, the marginal cost (X) can be calculated as follows: \[ X = \frac{Total\ Cost\ at\ 150\ units}{Number\ of\ units\ at\ 150\ units} = \frac{3000}{150} = ₹20 \] ** Show more…
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