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Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, where p 0.05x 38. the cost of producing x hundred units is c(x) 0.02x 2 3x 574.77 hundred dollars. sobecki, dave; price, michael; hoffmann, laurence; bradley, gerald. applied calculus for business, economics, and the social and life sciences, expanded edition, 11th edition (page 28). mcgraw-hill higher education -a. kindle edition.
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