The cost to produce q items is C(q)=1300+2q2 dollars. Find the marginal cost of producing the 12th item. Interpret your answer i
1 answer:
Answer: Marginal cost = $46
The cost of production increases by about $46 when one additional unit is produced.
Step-by-step explanation:
Given : The cost to produce q items is dollars.
The marginal cost of producing the 12th item= C(12)-C(11)
=1588-1542=46
Interpretation : It means , the cost of production increases by about $46 when one additional unit is produced.
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Solution:
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Therefore, the correct option is A.