Question: For the cost function C(x), find the marginal cost at the given production level x. Round your answer to two decimal places. C(x) = 25,000

 For the cost function C(x), find the marginal cost at the

given production level x. Round your answer to two decimal places. C(x)

For the cost function C(x), find the marginal cost at the given production level x. Round your answer to two decimal places. C(x) = 25,000 + 20x - 1,000 =200 a. $19.62 per item b. $21.28 per item c. $9.61 per item d. $19.60 per item e. $15.00 per item

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!