Question: Problem 7: Given the total cost function C: R+ R with: C(x) = 4x3 2x+4x+100 where C(a) denotes the total cost in dependence on
Problem 7: Given the total cost function C: R+ R with: C(x) = 4x3 2x+4x+100 where C(a) denotes the total cost in dependence on the output x. Find the marginal cost at x0 = 2. Compute the change in total cost resulting from an increase in the output from 2 to 2.5 units. Give an approximation of the exact value by using the differential.
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