Assume that the cost, in dollars, of producing x gaming devices is given by C(x) = -0.04x

Question:

Assume that the cost, in dollars, of producing x gaming devices is given by
                      C(x) = -0.04x2 + 80x + 75.
(a) Find the marginal cost function, C′(x).
(b) Find and interpret the marginal cost when x = 100 devices.
(c) Find the actual cost of the 101st device. Compare it to your results from part (b).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: