The joint cost (in dollars) for two products is given by C(x, y) = 48 + x2 + 3y + 2xy where x represents the quantity of product X produced and y represents the quantity of product Y produced. (A) Find the marginal cost with respect to x if 5 units of product X and 11 units of product Y are produced. $ Interpret your answer. chose 1  a.If y remains at 11, the expected change in cost for a 6th unit of x is this amount. b.If x remains at 5, the expected change in cost for a 12th unit of y is this amount. c.If x remains at 11, the expected change in cost for a 6th unit of y is this

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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The joint cost (in dollars) for two products is given by

C(x, y) = 48 + x2 + 3y + 2xy

where x represents the quantity of product X produced and y represents the quantity of product Y produced.

(A) Find the marginal cost with respect to x if 5 units of product X and 11 units of product Y are produced.
$

Interpret your answer. chose 1 
a.If y remains at 11, the expected change in cost for a 6th unit of x is this amount.
b.If x remains at 5, the expected change in cost for a 12th unit of y is this amount.
c.If x remains at 11, the expected change in cost for a 6th unit of y is this amount.
d.If y remains at 5, the expected change in cost for a 12th unit of x is this amount.

(B) Find the marginal cost with respect to y if 5 units of product X and 11 units of product Y are produced.
$

Interpret your answer.
a.If y remains at 11, the expected change in cost for a 6th unit of x is this amount.
b.If x remains at 11, the expected change in cost for a 6th unit of y is this amount.    
c.If y remains at 5, the expected change in cost for a 12th unit of x is this amount.
d.If x remains at 5, the expected change in cost for a 12th unit of y is this amount.
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