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Cost function for total cost of production

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Altawfik Corporation is estimating the cost function for total cost of production of product A using the two points method.The data collected for the past year is as following: Number of unitsTotal Quarterproduced Costs 14,000$1,000 25,4001,280 37,0001,600 49,0002,000 Using the two points methods, choose two points with which you estimate the cost function. Sample Solution

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