The marginal cost of a product, in dollars per unit, is C'(q) = q? – 50q + 700. If fixed costs are $5000, find the total cost to produce 50 items. Select one: $14167 $24167 $500 $19167

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The marginal cost of a product, in dollars per unit, is
C'(q) = q² – 50q + 700. If fixed costs are $5000,
%3D
find the total cost to produce 50 items.
Select one:
$14167
$24167
$500
$19167
Transcribed Image Text:The marginal cost of a product, in dollars per unit, is C'(q) = q² – 50q + 700. If fixed costs are $5000, %3D find the total cost to produce 50 items. Select one: $14167 $24167 $500 $19167
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