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What is the minimum marginal cost

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Reference no: EM131091496

The average cost of manufacturing a quantity q of a good, is defined to be

a(q) = C(q)/q.

The average cost per item to produce q items is given by

a(q) = 0.01q2 - 0.6q + 13, for q >0.

What is the minimum marginal cost?

Reference no: EM131091496

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