In an extensive study of cost functions for 40 firms in Great Britain, it was found that if x is the output (in millions of units) and y is the total cost (in thousands of pounds of sterling), then the cost function is similar to the following: C(x) = -0.02x² + 2.43x + 13.15 Compute the marginal costs when x = 56 million units have been produced. The marginal costs at 56 million units is C'(56)= The proper units are: (Enter a number only, including a negative sign, if appropriate.) O Units per sterling O Millions of units per thousands of pounds of sterling O Sterling per unit O Thousands of pounds of sterling per million units

In an extensive study of cost functions for 40 firms in Great Britain, it was found that if x is the output (in millions of units) and y is the total cost (in thousands of pounds of sterling), then the cost function is similar to the following: C(x) = -0.02x² + 2.43x + 13.15 Compute the marginal costs when x = 56 million units have been produced. The marginal costs at 56 million units is C'(56)= The proper units are: (Enter a number only, including a negative sign, if appropriate.) O Units per sterling O Millions of units per thousands of pounds of sterling O Sterling per unit O Thousands of pounds of sterling per million units

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 ________.

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