Yummy Gummies, Inc. makes boxes of individually packaged gummies. The company has a cost function given by C(x) dollars when x boxes of Yummy Gummies are made. If C '(100) = $3.50 per box, which of the following can we conclude from this information? %3D O The approximate cost of making the 100" box of Yummy Gummies is $3.50. O The exact cost of making the 99 box of Yummy Gummies is $3.50. O The approximate cost of making the 101“ box of Yummy Gummies is $3.50. O The approximate cost of making the 99" box of Yummy Gummies is $3.50. O The exact cost of making the 101“ box of Yummy Gummies is $3.50.

Yummy Gummies, Inc. makes boxes of individually packaged gummies. The company has a cost function given by C(x) dollars when x boxes of Yummy Gummies are made. If C '(100) = $3.50 per box, which of the following can we conclude from this information? %3D O The approximate cost of making the 100" box of Yummy Gummies is $3.50. O The exact cost of making the 99 box of Yummy Gummies is $3.50. O The approximate cost of making the 101“ box of Yummy Gummies is $3.50. O The approximate cost of making the 99" box of Yummy Gummies is $3.50. O The exact cost of making the 101“ box of Yummy Gummies is $3.50.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 17SQ

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Question

Yummy Gummies, Inc. makes boxes of individually packaged gummies. The company has a cost
function given by C(x) dollars when x boxes of Yummy Gummies are made. If C '(100) =
$3.50 per box, which of the following can we conclude from this information?
%3D
O The approximate cost of making the 100" box of Yummy Gummies is $3.50.
O The exact cost of making the 99h box of Yummy Gummies is $3.50.
The approximate cost of making the 101“ box of Yummy Gummies is $3.50.
O The approximate cost of making the 99 box of Yummy Gummies is $3.50.
O The exact cost of making the 101st
box of Yummy Gummies is $3.50.

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