Find the marginal cost at x 5 units and tell what this


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.

Request for Solution File

Ask an Expert for Answer!!
Basic Computer Science: Find the marginal cost at x 5 units and tell what this
Reference No:- TGS02585122

Expected delivery within 24 Hours