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If the total weekly cost (in dollars) incurred by the Lincoln record company in pressing x long-playing records is C(x) = 1950=2.2x^2, find the marginal cost. _______

Use marginal analysis to ESTIMATE the cost incurred in producing the 1051-st record._______

What is the actual cost incurred in producing the 1051-st record._______

2007-03-21 00:55:20 · 2 answers · asked by Tazzzy 1 in Science & Mathematics Mathematics

2 answers

Yes, it is a calculus problem.
I don't think your function should have 2 equal signs in it - makes it difficult to solve equations properly.

2007-03-21 02:10:20 · answer #1 · answered by MamaMia © 7 · 0 0

Yeah, you had a typo.

Marginal cost is just dC/dx.

Actual cost is C (1051) - C (1050).

2007-03-22 07:48:54 · answer #2 · answered by Curt Monash 7 · 0 0

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