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Business Suppose the Auburn Widget Corporation finds that the marginal cost function associated with producing x widgets is f(x) = 80 - 2x dollars.
a. Refer to Exercise 13 of Lesson 15-2. Use the marginal cost function to approximate the cost for the company to produce one more widget when the production level is 20 widgets.
b. How much would it cost the company to double its production from 20 widgets to 40 widgets?
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