The cost On dollars) of producing x units of a certain commodity is C(x)-3,000 8x0.05x² (a) Find the average rate of cha
Posted: Tue Jun 07, 2022 6:00 am
The cost On dollars) of producing x units of a certain commodity is C(x)-3,000 8x0.05x² (a) Find the average rate of change (in $ per unit) of C with respect tox when the production level is changed from 100 to the given value. (Round your answers to the nearest cent.) (1) x-104 S Xper unit (1)-101 (b) Find the instantaneous rate of change (in 5 per unit) of C with respect tox whenx 100. (This is called the marginal cost. Its significance will be explained in a future chapter) permit