The variable cost for the production of a calculator is $14.75 and the initial investment...
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Accounting
The variable cost for the production of a calculator is $14.75 and the initial investment is $120,000.
(a) Find the total cost C as a function of x, the number of units produced. C =
(b) Then use differentials to approximate the change in the cost for a one-unit increase in production when x = 50,000. $ Explain why dC = C in this problem.
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