Question: Consider a cost function of the formC ( x ) = { 2 0 , 0 0 0 + 9 8 0 x x ^

Consider a cost function of the formC(x)={20,000+980xx^2for0x<1,0000forx1,000.Which of the following gives the correct representation for the marginal cost?
Select the correct answer below:
MC=C(x)={9802xfor0x<1,0000forx1,000.
MC=C(x)=9802xfor0x<1,0000forx>1,000Undefinedforx=1,000.
MC=C(x)=20,000x+980xfor0x<1,0000forx1,000.
MC=C(x)=9802x,

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