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Finds that the cost to produce

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Reference no: EM131397102

Pete's Taco Stand finds that the cost to produce 400 tacos is $650, while the cost to produce 600 tacos is $700. Assume the cost C(x) is a linear function of x.

a) Determine C(x)

b) What is the fixed cost

c) What is the marginal cost

Reference no: EM131397102

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