Question
The total cost in dollars to produce q units of a product is C(q). Fixed costs are $20,000. The marginal cost is C(q)=0.008q2-q+61. Round your
The total cost in dollars to produce q units of a product is C(q). Fixed costs are $20,000. The marginal cost is
C(q)=0.008q2-q+61.
Round your answers to two decimal places. (a) Find C(140), the total cost to produce 140 units.
The total cost to produce 140 units is $ --------
(b) Find the value of C(140).
C(140)= $ --------
(c) Use parts (a) and (b) to estimate C(141).
C(141)= $ ---------
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Fundamentals Of Actuarial Mathematics
Authors: S David Promislow
3rd Edition
1118782496, 9781118782491
