The total cost in rupees associated with the production of x units is given by C(x)=0.005x³—0.004x²+20x+1000. Find the marginal cost when x=10
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Answer:
marginal cost = 21.42 when x = 10
Step-by-step explanation:
Marginal cost is the rate of change of total cost with respect to number of units produced
C(x)=0.005x³—0.004x²+20x+1000
Marginal Cost = dC/dx = 0.015x² - 0.008x + 20
the marginal cost when x=10
= 0.015 *(10)² - 0.008 *(10) + 20
= 1.5 - 0.08 + 20
= 21.42
marginal cost = 21.42 when x = 10
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