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Manchester Foundry produced 45,000 tons of steel in March at a cost of

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Manchester Foundry produced 45,000 tons of steel in March at a cost of ?1,150,000. In April, the foundry produced 35,000 tons at a cost of ?950,000. Using only these two data points, determine the cost function for Manchester.

 

Paper#26763 | Written in 18-Jul-2015

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