C(x)=−0.06x2+25x+600." role="presentation" style="display: inline; line-height: normal; font-size: 14px; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C(x)=-0.06x2+25x+600.C(x)=-0.06x2+25x+600.
Find the marginal cost function C′(x)" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C'(x)C'(x).C′(x)" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C'(x)C'(x) =
Use it to determine how fast the cost is going up at a production level of 100 teddy bears.
Compare this with the exact cost of producing the 101st teddy bear.The exact cost of producing the 101st teddy bear is $ .Thus, there is a difference of $ .
Find the average cost function C¯" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C¯C¯, and evaluate C¯(100)" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C¯(100)C¯(100).C¯(x)" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C¯(x)C¯(x)= .C¯(100)" role="presentation" style="display: inline; line-height: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; position: relative;">C¯(100)C¯(100)= .What does the answer tell you?The average cost of producing 100 teddy bears is $ .
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