Introduction to Calculus in Economics {continued}: In the previous Problem Set question. we started looking at the costfunction 0(3). the cost ofa rm producing :I: items. An important microeconomics concept is the marginal cosL dened in {non-mathematical introductorv] economics as the cost of producing one additional item. If the current production level is 1 items with cos\"? {a}, then the cost of computing in additionial items is G {a + h). The average cost oflhose in items is {C{=+hiC{=}} h derivative 0"{1}. Use this function in the model below for the Marginal Cost function MS [I]. .As we analyze the cost ofjust the last item produced, this can be made into a mathematical model bv taking the limit as h } . i.e. the Problem Set question: The cost, in dollars, of producing 1: units ofa certain item is given by 0(1) = [1.01:3 10: +350. to] Find the marginal cost function. MC{:} = @E {b} Find the marginal cost when t] units of the item are produced. The marginal cost when 60 units are produced is $ Number tc] Find the actual cost of in creasing production from til] units to I51 units. The actual cost of increasing production trom units to 61 units is $ Number