Explanation Given information: The cost to produce q items is C ( q ) = 1000 + 2 q 2 Formula used: If the cost function C is continuous and differentiable, the marginal cost is the first derivative of the cost function C with respect to the quantity q. Marginal cost = d C d q Calculation: C ( q ) = 1000 + 2 q 2 (Given) Differentiating C with respect to ‘q’, we get C ' ( q ) = d C d q = d d q ( 1000 + 2 q 2 )

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ISBN: 9781119399353

Author: DA

Publisher: JOHN WILEY+SONS,INC.-CONSIGNMENT

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence. It was invented by German mathematician Carl Friedrich Gauss.

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Chapter 3.1, Problem 72P

To determine

To find:

The marginal cost of producing the 25^th item.

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Chapter 3.1, Problem 71P

Chapter 3.1, Problem 73P

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The marginal cost of producing the 25 th item.

Solution Summary: The author explains how to find the marginal cost of producing the 25th item, which is 100 dollars.

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To find:

The marginal cost of producing the 25^th item.

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Chapter 3 Solutions

The marginal cost of producing the 25 th item.

Solution Summary: The author explains how to find the marginal cost of producing the 25th item, which is 100 dollars.

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To find: The marginal cost of producing the 25th item.

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Chapter 3 Solutions

To find:

The marginal cost of producing the 25^th item.