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Optimization: Marginal Cost & Marginal Revenue

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Fixing optimum quantity by considering the Marginal Cost and Marginal Revenue.

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									              Sub: Statistics                                                                         Topic: Optimization



              Question:
              Appalachian Coal mining believes it can increase labor productivity and therefore net revenue
              by reducing air pollution in its mines. It estimates that the marginal cost function for reducing
              pollution by installing additional capital equipment is

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