Essential Mathematics for Economics and Business Notes

DSC1520 ASSIGNMENT 1 SEMESTER 1 (QUIZ) – 2024 (158619) DUE DATE: 01 MARCH 2024 QUESTION 1. Suppose the cost of manufacturing 10 units of a product is R40 and the cost of manufacturing 20 units is R70. If the cost C is linearly related to output Q (units produced), the cost of producing 35 items, is [a] R115,00. [b] R71,67. [c] R113,33. [d] R15,00

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