The cost, in dollars, of producing x yards of a certain fabric is C(x) = 1,300 + 12x - 0.1x² + 0.0005x³. (a) Find the ma
Posted: Sat Jul 09, 2022 3:36 pm
The cost, in dollars, of producing x yards of a certain fabric is C(x) = 1,300 + 12x - 0.1x² + 0.0005x³. (a) Find the marginal cost function. C'(x) = (b) Find C'(200) and explain its meaning. What does it predict? C'(200) = and this is the rate at which costs are increasing with respect to the production level when x = (c) Compare C'(200) with the cost of manufacturing the 201st yard of fabric. (Round your answers to two decimal places.) The cost of manufacturing the 201st yard of fabric is C(201) - C(200) = - 3,700 C'(200) predicts the cost of producing the ---Select--- yard. , which is approximately C'(200).