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The marginal cost of a commodity is 3x2 – 2x + 8. If there is no fixed cost find the total cost. |
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Answer» C = ∫(MC) dx + k = ∫(3x2 – 2x + 8) dx + k = x3 – x2 + 8x + k No fixed cost ⇒ k = 0 So total cost, C = x3 – x2 + 8x |
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