Given cost and price (demand) functions C(q) = 120q + 45,000 and p(g) = - 1.8q + 870, what is the marginal cost at a production level of 45 items? The marginal cost is $. (Round answer to nearest dollar.)

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
icon
Related questions
Question
Given cost and price (demand) functions C(q) = 120q + 45,000 and p(q) = - 1.8q + 870, what is the marginal cost at a production level of 45 items?
The marginal cost is $.
(Round answer to nearest dollar.)
de
dy
ody
Transcribed Image Text:Given cost and price (demand) functions C(q) = 120q + 45,000 and p(q) = - 1.8q + 870, what is the marginal cost at a production level of 45 items? The marginal cost is $. (Round answer to nearest dollar.) de dy ody
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning