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 letter (Z) is the symbol used to represent integers. An integer can be 0, a positive number to infinity, or a negative number to negative infinity.
Answer:−
-12/31
Step-by-step explanation:
Answer:
I didn't know and I tried ♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️♂️
