A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by C(x)=350 +
Posted: Wed Jul 06, 2022 11:53 am
A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by C(x)=350 + 2x -0.01x² for 0≤x≤ 100. Find the marginal cost at a production level of 70 dozen pens and interpret the result. O A. The marginal cost is $0.59/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.59. O B. The marginal cost is $0.58/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.58. O C. The marginal cost is $0.62/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.62. O D. The marginal cost is $0.60/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.60.