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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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