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| 1. |
The variable cost (V) of manufacturing a product varies according to the equation V = 4q, where q is the quantity produced. The fixed cost (F) of production of same product reduces with q according to the equation F = 100/q.How many units should be produced to minimize the total cost (V+F)?(A) 5(B) 4(C) 7(D) 6 |
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