Let C(x) be the cost function of producing x numbers of cycles by a company. Which one of the following statement is correct if the marginal cost when x = 10, dC dx = C'(10) = 150. (Hint: Look at the note of section 2.3 in page 28 "interpretations" or watch the youtube video with the line in page 28) O The total cost of producing 10 cycles is about $150. O When 10 cycles have been produced, the marginal cost $150 meaning that to produce one more cycle, the costs is about $150. O The cost of producing 9 the cycle is about $150. O The total cost of producing one cycle is about $150.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
icon
Related questions
Question
↳
A Moving to another question will save this response.
Question 1
Let C(x) be the cost function of producing x numbers of cycles by a company.
Which one of the following statement is correct if the marginal cost when x = 10,
dC
dx
A Moving to another question will save this response.
= C'(10) = 150.
(Hint: Look at the note of section 2.3 in page 28 "interpretations" or watch the youtube video with the line in page 28)
O The total cost of producing 10 cycles is about $150.
O When 10 cycles have been produced, the marginal cost $150 meaning that to produce one more cycle, the costs is about $150.
O The cost of producing 9 the cycle is about $150.
O
total cost of producing one cycle is about $150.
Transcribed Image Text:↳ A Moving to another question will save this response. Question 1 Let C(x) be the cost function of producing x numbers of cycles by a company. Which one of the following statement is correct if the marginal cost when x = 10, dC dx A Moving to another question will save this response. = C'(10) = 150. (Hint: Look at the note of section 2.3 in page 28 "interpretations" or watch the youtube video with the line in page 28) O The total cost of producing 10 cycles is about $150. O When 10 cycles have been produced, the marginal cost $150 meaning that to produce one more cycle, the costs is about $150. O The cost of producing 9 the cycle is about $150. O total cost of producing one cycle is about $150.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill