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32. [6/8 Points] ASK YOUR TEACHER PRACTICE ANOTHER PREVIOUS ANSWERS WANEFMAC7 112.010. The cost of producing x teddy bears per day at the Cuddly Companion
32. [6/8 Points] ASK YOUR TEACHER PRACTICE ANOTHER PREVIOUS ANSWERS WANEFMAC7 112.010. The cost of producing x teddy bears per day at the Cuddly Companion Co. is calculated by their marketing staff to be given by the formula C(x) = 100 + 39x 0.04x2. (a) Find the marginal cost function C'(x). C'(x) = 39 0.08): Use it to determine how fast the cost is going up (in $) at a production level of 100 teddy bears. $ 31 q per teddy bear Compare this with the exact cost of producing the 101St teddy bear (in $). The cost is increasing at a rate of $ 31 .l per teddy hear. The exact cost of producing the 101St teddy bear is $ 3630.96 x . Thus, there is a difference of $ 30.96 X (b) Find the average cost function E, and evaluate 5000) (in $). E(x) = m + 39 0.04;: x V 5(100) = $ 36 J per teddy bear What does the answer tell you? The average cost of producing the rst hundred teddy bears is $ 36 J per teddy bear. Need Help? Submit
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