Question
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase productionn from 49 to 50 units of output. Suppose the marginal cost C(in dollars) to produce x thousand mp3 playersis given by the function C(x)=x^2-140x+7900.
How many players should be produced to minimize the marginal cost?
What is the minimum marginal cost?
How many players should be produced to minimize the marginal cost?
What is the minimum marginal cost?
Answers
sierra
50