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Question 12 of 14 0.5 / 1 View Policies Show Attempt History Your Answer Correct Answer (Used) Your answer is partially correct. The marginal cost
Question 12 of 14 0.5 / 1 View Policies Show Attempt History Your Answer Correct Answer (Used) Your answer is partially correct. The marginal cost C' (q) (in dollars per unit) of producing q units is given in the following table. 0 100 200 300 400 500 600 C'(q) 23 20 15 21 31 42 51 Round your answers to the nearest integers. (a) If fixed cost is $17,000, estimate the total cost of producing 400 units. The cost of producing 400 units is $ (b) To the nearest dollar, how much would the total cost increase if production were increased one unit, to 401 units? The total cost increase if production were increased one unit is $
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