A company wants to start a new clothing line. The cost to se up production is 35, 000 dollars and the cost to manufacture items of the new clothing is 30 dollars. Compute the marginal cost and use it to estimate the cost of producing the 401st unit. Round your answer to the nearest cent.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter47: Applications Of Formulas To Cutting Speed, Revolutions Per Minute, And Cutting Time
Section: Chapter Questions
Problem 44A: Compute the following problems. Express the answers to 1 decimal place. Use: T=LFN Seven brass...
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A company wants to start a new clothing line. The cost to set
up production is 35, 000 dollars and the cost to manufacture x
items of the new clothing is 30√ dollars.
Compute the marginal cost and use it to estimate the cost of
producing the 401st unit. Round your answer to the nearest
cent.
The approximate cost of the 401st item is $
Transcribed Image Text:A company wants to start a new clothing line. The cost to set up production is 35, 000 dollars and the cost to manufacture x items of the new clothing is 30√ dollars. Compute the marginal cost and use it to estimate the cost of producing the 401st unit. Round your answer to the nearest cent. The approximate cost of the 401st item is $
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