Calculate the marginal cost of providing additional, Managerial Economics

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Calculate the marginal cost of providing additional

The Taxpayer Assistance Center (TAC) provides taxpayer assistance to help in the preparation of individual tax returns.

The amount of assistance (A) that can be provided is a function of the number of professional accountants (P) and trained tax preparers (T) that are employed. The function is given by:

A = 500P +200T +50PT

Calculate the marginal cost of providing additional assistance. Explain your answer.

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Managerial Economics: Calculate the marginal cost of providing additional

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Managerial Economics: Calculate the marginal cost of providing additional

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