Question: The cost function 0 (3:) is the total cost that a company incurs in producing :1: units of a certain commodity. What is the meaning


The cost function 0 (3:) is the total cost that a company incurs in producing :1: units of a certain commodity. What is the meaning of the derivative C" (3:)? O The total percentage of cost with respect to the number of items produced. 0 The total percentage of cost with respect to time. Q The amount of time required for a given percentage of cost to be reached. 0 The number of items produced that corresponds to a given cost amount. 0 The instantaneous rate of change of cost with respect to time. Q The instantaneous rate of change of cost with respect to the number of items produced. 0 The average rate of change of cost with respect to the number of items produced. 0 The average rate of change of cost with respect to time
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