ne that it costs a company approximately C(x) = 400,000 + 160x + 0.002x2 s to manufacture x smartphones in an hour. Find the marginal cost function. Use it to estimate how fast the cost is increasing when x = 10,000. $4 per smartphone Compare this with the exact cost of producing the 10,001st smartphone. The cost is increasing at a rate of $ per smartphone. The exact cost of producing the 10,001st smartphone is $ Thus, there $ Find the average cost function C and the average cost to produce the first 10,000 smartphones. C(x) = C(10,000) = $ Using your answers to (a) and (b), determine whether the average cost is rising or falling at a production level of 10,000 smartphones. The marginal cost from (a) is --Select-- v than the average cost from (b). This means that the average cost is --Select-- v at a production level of 10, d Help? Watch It

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