Posted by **Sam** on Saturday, April 14, 2007 at 10:35am.

* I posted this before, but I left out the equation, sorry.

A company estimates that the marginal cost (in dollars per item) of producing x items is 2.08x-0.002x.

If the cost of producing one item is $531 find the cost of producing 100 items.

Please round the answer to the nearest hundredth.

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