Sppose that the cost function for a commodity iscx 40 , Ask an Expert

Engineering

Suppose that the cost function for a commodity is

C(x) = 40 + x² dollars

(a) Find the marginal cost at x = 5 units and tell what this predicts about the cost of producing 1 additional unit.

(b) Calculate C(6) - C(5) to find the actual cost of producing 1 additional unit.

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Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92598293

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