If the cost function for a commodity is C(x) = 1/90 x3 + 4x2 + 4x +
Question:
C(x) = 1/90 x3 + 4x2 + 4x + 10 dollars
find the marginal cost at x = 3 units and tell what this predicts about the cost of producing 1 additional unit and 2 additional units.
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Cx 190 x 3 4x 2 4x 2 4x 10 MC Cx 130 ...View the full answer
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
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