Here is an example practice problem Here is the picture of the actual problem th

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Here is an example practice problem

Here is the picture of the actual problem that i need answered

Here is an example practice problem A division of Ditton Industries manufactures the "Spacemaker" model microwave oven. Suppose that the daily total cost (in dollars) of manufacturing x microwave ovens is C(x) = 0.0007X3 - 0.2 1x2 + 110x + 6000. What is the marginal cost when x = 200? Compare the result with the actual cost incurred by the company in manufacturing the 201st oven. Here is the picture of the actual problem that i need answered A division of Ditton Industries manufactures the "Spacemaker" model microwave oven. Suppose that the daily total cost (in dollars) of manufacturing x microwave ovens is C(x) = 0.0003X3 - 0.09x2 + 140x + 6000. What is the marginal cost when x = 200? Compare the result with the actual cost incurred by the company in manufacturing the 201st oven.

Explanation / Answer

marginal cost = diffrential of cost function with respect to quantity i.e = dc/dq .

so here dc/dq= .0007*3*x^2-.21*2*x+110 and we will put x=201 as marginal cost is calculated at 1 unit more than .

there fore the final answer is 110.42

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