Suppose that the dollar cost of producing x washing machines is c(x) = 2000 + 100x -
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Suppose that the dollar cost of producing x washing machines is c(x) = 2000 + 100x - 0.1x2.
a. Find the average cost per machine of producing the first 100 washing machines.
b. Find the marginal cost when 100 washing machines are produced.
c. Show that the marginal cost when 100 washing machines are produced is approximately the cost of producing one more washing machine after the first 100 have been made, by calculating the latter cost directly.
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Related Book For
Thomas Calculus Early Transcendentals
ISBN: 9780321884077
13th Edition
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
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