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