The average cost per appliance of producing the first 150 appliances is $/appliance.
(Round to the nearest cent as needed.)
The marginal cost when 150 appliances are produced is $.
(Round to the nearest cent as needed.)
Suppose that the dollar cost of producing x appliances is c(x) = 1400+130x−0.3x².
a. Find the average cost per appliance of producing the first 150 appliances.
b. Find the marginal cost when 150 appliances are produced.
c. Show that the marginal cost when 150 appliances are produced is approximately the cost of producing one more appliance after the first 150 have been made, by calculating the latter cost directly.
This quiz: 20 point(s) possible
This question: 1 point(s) possible
The cost of producing one more appliance beyond 150 appliances is S
(Round to the nearest cent as needed.)
Comment
Fig: 1