Question
The cost for a toy company to produce x Cosmic Starships is C(x) = 1400 + 6x − 0.01x2. What
is the marginal average cost function?
Can someone please explain how to do this to I have no idea where to start? I need to know the steps.
is the marginal average cost function?
Can someone please explain how to do this to I have no idea where to start? I need to know the steps.
Answers
bobpursley
marginal cost function=changeinCost/unit
c'(x)=dC/dx= 6-.02x
c'(x)=dC/dx= 6-.02x
Erica
My answer is saying it is -1400/x^2 -0.01 but I got C'(x) = 6 - 0.02x. Why is this?