The marginal cost for a company to produce q items is given by MC(q) = 0.004q -0.7q + 635. The company's fixed costs are $8200. The marginal cost of producing 110 items is $ per item. Round answer to nearest tenth.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter7: Rational Expressions And Functions
Section7.6: Solve Rational Inequalities
Problem 7.118TI: The function C(x)=5x+900 represents the cost to produce x, number of items. Find ? the average cost...
icon
Related questions
Question
100%
Help
The marginal cost for a company to produce q items is given by MC(q) = 0.004q - 0.7q + 635. The company's fixed costs are $8200.
The marginal cost of producing 110 items is $ per item.
(Round answer to nearest tenth.)
Transcribed Image Text:The marginal cost for a company to produce q items is given by MC(q) = 0.004q - 0.7q + 635. The company's fixed costs are $8200. The marginal cost of producing 110 items is $ per item. (Round answer to nearest tenth.)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,