The marginal cost of production (in Rs) is 3 + x/3000 + e^(-0.03x), where x denotes the number of units. The cost of producing 100th unit is:

Answer 1

put 100 in x
= 3 + 100/3000 + e^(-0.03*100)
= 3 + 0.03333 + e^(-3)
use calculator for e^-3
= 3.03333 + 0.049787068
Ana=3.08