Question: Answer part c Suppose that the cost (in dollars) for a company to produce a pairs of a new line of jeans is C(x) =

Answer part c Suppose that the cost (in dollars) for a

Answer part c

Suppose that the cost (in dollars) for a company to produce a pairs of a new line of jeans is C(x) = 6000 + 3x + .01x2 + .0002x3 (a) Find the marginal cost function. (b) Find C'(100). (What does this mean?) (c) Find the cost of manufacturing the 101" pair of jeans. (a) C'(x) 3 + 0.02x + 0.0006x2 (b) C'(100) = 11 dollars/pair (c) Cost = 3.025 dollars

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