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The total cost C(x) in Rupees associated...

The total cost C(x) in Rupees associated with the production of x units of an item is given by `C(x)=0.005 x^(3)-0.02 x^(2)+30x+5000`. Find the marginal cost when 3 units are produced, where by marginal cost we mean the instantaneous rate of change of total cost at ant level of output.

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The correct Answer is:
Rs. 30.02 (Approx value)
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