Solve the problem. 16) A company estimates that the daily cost (in dollars) of producing x chocolate bars is given by C(x)=810+ 0.03x + 0.0002x2. Currently, the company produces 720 chocolate bars per day. Use marginal cost to estimate the increase in the daily cost if one additional chocolate bar is produced per day.

Survey Of Economics
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ISBN:9781337111522
Author:Tucker, Irvin B.
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Chapter6: Proudction Costs
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Solve the problem.
16) A company estimates that the daily cost (in dollars) of producing x chocolate bars is given by
C(x)=810+ 0.03x + 0.0002x2,
Currently, the company produces 720 chocolate bars per day. Use marginal cost to estimate the increase in the
daily cost if one additional chocolate bar is produced per day.
Transcribed Image Text:Solve the problem. 16) A company estimates that the daily cost (in dollars) of producing x chocolate bars is given by C(x)=810+ 0.03x + 0.0002x2, Currently, the company produces 720 chocolate bars per day. Use marginal cost to estimate the increase in the daily cost if one additional chocolate bar is produced per day.
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