(Answered) Find the marginal cost of production

Engineering

1. Assume that the cost of making 20 books is $2,300, the cost of making 50 books is $3,050, and the cost equation is linear. The books are sold for $60 each.

Required:

(a) Find the marginal cost of production.

(b) Find a linear cost function that will represent the total cost of making x books.

(d) Find a profit function that will represent the profit if x books are made and sold.

(e) Find the break-even point.

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Computer Engineering, Engineering

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