You have estimated that your firm's total cost function for a particular product is TC = 7q^2-11q+558,

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You have estimated that your firm's total cost function for a particular product is TC = 7q^2-11q+558, where TC is total cost and q is units of output. What is the firm's marginal cost for this product when producing 89 units?

Posted Date: May 06, 2024 02:20 AM

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You have estimated that your firm's total cost function for a particular product is TC = 7q^2-11q+558,

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Expert Answer:

To find the firms marginal cost when producing 89 units we need to calculate the derivative o... View the full answer

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