Question: If the cost function for a commodity is C(x) = 1/90 x3 + 4x2 + 4x + 10 dollars find the marginal cost at x

If the cost function for a commodity is
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.

Step by Step Solution

★★★★★

3.36 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Cx 190 x 3 4x 2 4x 2 4x 10 MC Cx 130 ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1386-M-C-L-A-D(3949).docx

120 KBs Word File

Students Have Also Explored These Related Calculus Questions!

If the cost function for a commodity is C(x) = x3 - 4x2 + 30x + 20 dollars find the marginal cost at x = 4 units and tell what this predicts about the cost of producing 1 additional unit and 3...

If the cost function for a commodity is C(x) = 300 + 4x + x2 graph the marginal cost function.

If the cost function for a commodity is C(x) = x3 - 12x2 + 63x + 15 graph the marginal cost function.

Legibly Printed Family/Last Name: Legibly Printed Given/FirstName: Signature: M119 Seat number: EXAM 3 14th April 2015 READ THIS: For each of the problems that begin on the next page, find the one...

7. DETAILS HARMATHAP12 9.5.003. Find the derivative and simplify. dy dx y = (4x+3)(9x6 - 5x4 - 6) 8. DETAILS HARMATHAP12 9.9.020.MI. If the cost function for a commodity is 1 C(x) x3 + 6x2 + 6x + 16...

If the cost function for a commodity is 1 3 C(x) = -X + 6x + 6x + 18 dollars 90 find the marginal cost MC at x = 3 units. (Round your answer to two decimal places.) MC = $ Tell what the marginal cost...

tal If the cost function for a commodity is C(x) = 1x3 + 2x + 2x + 20 dollars 90 find the marginal cost MC at x = 3 units. (Round your answer to two decimal places.) MC = $ Tell what the marginal...

Just tell me what topic/type of math is, everyone of them, no need to solve cuz i already solve them, just tell me what TYPE of math 1. Which fraction is half-way between = and - ? b . ) 16 21 C. 72...

9. [1/3 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest...

please provide complete solutions, box your final answer Answer the following problems. Show your solution for every item. l. Suppose the cost function of a commodity is C(x) = 8x + 3 and the price...

What are the different meanings often accorded to the term income?

The Game Shop purchased furniture on January 1, 2023 for $12,000. The furniture will be used for eight years. The company's year-end is March 31, 2023. REQUIRED: Using the straight-line depreciation...

6. LO.1, 8 Shareholders of closely held corporations frequently engage in dealings with such corporations. These dealings provide an opportunity to extract earnings out of a corporate entity in some...

7. What are the advantages of a country entering into a free trade agreement? What are the disadvantages? Do regional trade agreements have any advantages over multilateral reductions in trade...

An article in the Journal of Environmental Engineering (Vol. 115, No. 3, 1989, pp. 608619) reported the results of a study on the occurrence of sodium and chloride in surface streams in central Rhode...

A rocket motor is manufactured by bonding together two types of propellants, an igniter and a sustainer. The shear strength of the bond y is thought to be a linear function of the age of the...

Show that in a simple linear regression model the point (x, y) lies exactly on the least squares regression line.

You need $33616 in 4 years. If you think you could earn an annual rate of 10.91%, what would be your required monthly deposit to meet your goal? Round to 2 decimal places. Include a dollar sign (\$)...

Option 2. Suppose you invest $10,000 per year for the first 10 years at 15% per year. Then it will earn 10% for the next 15 years with $5,000 payments and the last 6 years will be at 5% per year with...

1. (market / stop / limit) 2. (when the market opened / after 2 months / at no point in this period) 3. (the best available price / no point in this period / exactly $88) 4. (prevent him from earning...