Question

Cost is in dollars and *x* is the number of units. Find the marginal cost function *MC* for the given cost function.

C(x) = 600 + 5x +

x^{2}

1 |

70 |

Step 1

Obtain the marginal cost function for the cost function.

It is known that, the derivate of the total cost function is marginal cost function.

Step 2

To obtain the marginal cost function, find the derivative of the cost func...

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