The total cost (in dollars) of producing x food processors is C(x) = 2,000 + 50x -

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The total cost (in dollars) of producing x food processors is

C(x) = 2,000 + 50x - 0.5x2

(A) Find the exact cost of producing the 21st food processor.

(B) Use marginal cost to approximate the cost of producing the 21st food processor.

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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