Find the cost function for the marginal cost function.7C'(x)=9x; 10 units cost $171.99XWrite the integral that is necessary to solve the problem.JOdx

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Answered: Find the cost function for the marginal…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.2: Domain And Range

Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...

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uppose that the total cost (in dollars) for a product is given by C(x) = 1400 + 220 ln(2x + 1) where x is the number of units produced. (a) Find the marginal cost MC function. MC = (b) Find the marginal cost when 220 units are produced. (Round your answer to the nearest cent.)$ Interpret your result. It will cost approximately this amount to make the next unit.This is the total profit from producing 220 units. The profit from the next unit will be approximately this amount.This is the total cost of producing 220 units. (c) Total cost functions always increase because producing more items costs more. What then must be true of the marginal cost function? A) MC = 0 B) MC ≤ 0 C) MC < 0 D) MC ≥ 0 E) MC > 0 Does it apply in this problem? A) Yes B) No
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Find the cost function for the marginal cost function. 7 C'(x)=9x; 10 units cost $171.99 X Write the integral that is necessary to solve the problem. JO dx