# The total cost function for a product is C(x)= 5x+250, and the total revenue isR(x)= 27 x, where x is the number of units produced or sold.Find the fixed cost.What is the marginal cost?Find the profit function.What is the marginal profit?Interpret the marginal profit.

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The total cost function for a product is C(x)= 5x+250, and the total revenue is

R(x)= 27 x, where x is the number of units produced or sold.

1. Find the fixed cost.
2. What is the marginal cost?
3. Find the profit function.
4. What is the marginal profit?

Interpret the marginal profit.

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Step 1

Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and specify the other subparts (up to 3) you’d like answered.

1) To find fixed cost plug x=0 in C(x).

C(0)=250, so fixed cost is 250.

Step 2

2) Marginal cost is given by C'(x).

To find C'(x) we use first derivat...

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