The total cost C(x) associated with the production of x units of an item is given by C(x) = 0.005x3 - 0.02 x2 + 30 x +5000. Find the marginal cost when 3 units are produced, whereby marginal cost we mean the instantaneous rate of total cost at any level of output. - Zigya

The total cost C(x) associated with the production of x units of an item is given by C(x) = 0.005x³ - 0.02 x² + 30 x +5000. Find the marginal cost when 3 units are produced, whereby marginal cost we mean the instantaneous rate of total cost at any level of output.

Given,

C(x) = 0.05x³ - 0.02 x² + 30 x +5000

Marginal cost (C_M),

Application of Derivatives

Hope you found this question and answer to be good. Find many more questions on Application of Derivatives with answers for your assignments and practice.

Mathematics Part I

Browse through more topics from Mathematics Part I for questions and snapshot.