A company has total cost function C(x) (in dollars), where is x is the number of items. C(x) = 300+ 10x +0.03x² a) Find the marginal cost function, MC. MC= b) Find the marginal cost at a production level of 200 items. c) Interpret your answer for part b). This is the total cost to produce one item. This is the total cost of producing 200 items. This is the total cost of producing 201 items The is the approximate cost of producing the 200th item. This is the approximate cost of producing the 201st item. $ per item

A company has total cost function C(x) (in dollars), where is x is the number of items. C(x) = 300+ 10x +0.03x² a) Find the marginal cost function, MC. MC= b) Find the marginal cost at a production level of 200 items. c) Interpret your answer for part b). This is the total cost to produce one item. This is the total cost of producing 200 items. This is the total cost of producing 201 items The is the approximate cost of producing the 200th item. This is the approximate cost of producing the 201st item. $ per item

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

ChapterA: Appendix

SectionA.2: Geometric Constructions

Problem 10P: A soda can has a volume of 25 cubic inches. Let x denote its radius and h its height, both in...

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