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mple, the marginal cost of producing the 50th product is $6 20, The marginal cos

ID: 3114986 • Letter: M

Question

mple, the marginal cost of producing the 50th product is $6 20, The marginal cost of a product can be thought of as the cost of producing one addtional unt of output. For exar cost $6. 20 to increase production from 49 to 50 units of output. Suppose the marginal cost C (on dollars) to produce x C)x-160x+8900 thousand mp3 players is gven by the function A How many players should be produced to minimize the marginal cost? B. What is the minimum marginal cost? A Tomenemize the marginal cost thousand mp3 players shoulkd be produced

Explanation / Answer

To minimize the marginal cost we find the apply diffrentiation on the function

0= 2x-160

x= 80