3.1 question 18

Current Attempt In Progress Your answer is partially correct. The cost to produce q items is C(q) = 1400 + 5q dollars. Find the marginal cost of producing the 12th item. Interpret your answer in terms of costs. The marginal cost of producing the 12th item is $ This means that the cost of production increases v by about $ 120 when we add one unit to a production level of units. eTextbook and Media Hint Assistance Used Save for Later Last saved 3 days ago. Attempts: unlimited Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes