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A bookbinder estimates that the cost C, in dollars, of making x school binders is modeled by the function C(x) = 2 + 2x + 0.017x^2. Determine the marginal cost of producing 100 binders.

2007-05-01 05:58:41 · 1 answers · asked by Anonymous in Science & Mathematics Mathematics

1 answers

The "marginal cost" means the incremental cost of the last book.

If this is for a calculus class, they probably want the derivative at the 100th book:

C(x) = 2 + 2x + 0.017x^2
C'(x) = 2 + 0.034x

C'(100) = 2 + 3.4 = $5.40

If it is not for calculus, they probably just want the cost of the 100th book, which is C(100) - C(99):

C(100) = 2 + 2(100) + 0.017(100^2)
C(100) = 202 + 170
C(100) = 372

C(99) = 2 + 2(99) + 0.017(99^2)
C(99) = 200 + 166.62
C(99) = 366.62

C(100) - C(99) = $5.38

2007-05-01 06:05:10 · answer #1 · answered by McFate 7 · 1 0

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