Answer:
a) The marginal cost function is given by
C'(x) = 4 + 0.04x + 0.0003x² (in dollars)
b) C'(70) = $8.27
Step-by-step explanation:
C(x) = 1000 + 4x + 0.02x² + 0.0001x³
a) Marginal cost is usually defined as the cost of producing one extra unit of product. It expresses how much the total cost is changing with respect to number of units of product.
Mathematically,
MC = (dC/dx) = C'(x)
For this question,
C'(x) = 4 + 0.04x + 0.0003x²
b) C'(70) means the marginal cost at x = 70 units, that is, how much the total cost is changing after the production of 70 units; the cost of producing one extra unit of product after producing 70 units.
C'(x) = 4 + 0.04x + 0.0003x²
C'(70) = 4 + 0.04(70) + 0.0003(70²)
C'(70) = $8.27
Hope this helps!
The answer is no bc they all have the same x coordinate and therefore fail the vertical line test
The solutions to your problem I believe is 4 and -6.
Divide 45 by 150 then multiply by 100:
45 / 150 = 0.3
0.3 x 100 = 30%
The answer is 30%
