The joint cost function for two products is C(x, y) = xV y2+ 6 dollars. (a) Find the marginal cost with respect to x. (b) Find the marginal cost with respect to y.
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- For the cost function C(x)=40+x-1/2x^2 find the marginal average cost when x=2Given the cost function c(x)=140 + 0.2x^2 for producing x item. Determine the marginal cost function:Consider the marginal cost function C′(x)=400+8x−0.01x^2. a. Find the additional cost incurred in dollars when production is increased from 150 units to 200 units. b. Find the additional cost incurred in dollars when production is increased from 500 units to 550 units.
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