Question: Section 2 . 3 , Page 1 1 0 , # 3 7 B . Cost function. The cost, in dollars, of producing x units

Section 2.3, Page 110, #37B. Cost function. The cost, in dollars, of producing x units of a certain commodity is C(x)=630025x0.048x2.
(a) Find the average rate of change of C with respect to x when the production level is changed from x=50 to x=60. Show the formula and work.
(b) Find the instantaneous rate of change of C with respect to x(the marginal cost) when x=50. Show the formula and work.
Section 2 . 3 , Page 1 1 0 , # 3 7 B . Cost

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