Linear cost function is equal to
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To summarize: A linear cost function has the form C(x)=mx+b, where mx is called the variable cost, b is called the fixed cost, and m is called the marginal cost.❤
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To summarize: A linear cost function has the form C(x)=mx+b, where mx is called the variable cost, b is called the fixed cost, and m is called the marginal cost.
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