Question: d The marginal cost function associated with producing x widgets is given by C'(x) = 0.4X + 70 where 000 is measured in dollars/unit and

 d The marginal cost function associated with producing x widgets is

d

given by C'(x) = 0.4X + 70 where 000 is measured in

The marginal cost function associated with producing x widgets is given by C'(x) = 0.4X + 70 where 000 is measured in dollars/unit and X denotes the number of widgets. If the daily fixed costs incurred in the production is $700, compute the total cost incurred in producing the first 100 units of the day. :l x dollars

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