The cost, in dollars, of producing yards of a certain fabric is C(x) = 1200 + 12x
Question:
C(x) = 1200 + 12x - 0.1x2 + 0.0005x3
(a) Find the marginal cost function.
(b) Find C'(200) and explain its meaning. What does it predict?
(c) Compare C'(200) with the cost of manufacturing the 201st yard of fabric.
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a Cx 1200 12x 0lx 2 00005x 3 Cx 12 02x 00015x 2 yard which is the marginal cost f...View the full answer
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