A companys marginal cost function is .1x 2 - x + 12 dollars, where x denotes the
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A company’s marginal cost function is .1x2 - x + 12 dollars, where x denotes the number of units produced in 1 day.
(a) Determine the increase in cost if the production level is raised from x = 1 to x = 3 units.
(b) If C(1) = 15, determine C(3) using your answer in (a).
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a Let Cx represent the cost function The cost increase is g...View the full answer
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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