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Suppose the cost C(q) (in dollars) of producing a quantity q of a product equals C(q) = 500 + 2q +1/5q2. The marginal cost MC(q) equals the instantaneous rate of change of the total cost. Find the marginal cost when a quantity of
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Suppose the cost C(q) (in dollars) of producing a quantity q of a product equals C(q) = 500 + 2q +1/5q^2 The marginal cost M(q) equals the instantaneous rate of change of the total cost. Find the marginal cost when a quantity of
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