3. A toy manufacturer has the following cost function: C(x) = 0.1x3 – 2x? + 10000 when x toys are produced. %3D a) What is the total cost in producing 46 toys? b) What is the actual cost of the production of the 47th toy? c) Use marginal analysis to estimate the production cost of the 47th toy.

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Q: Suppose that the monthly​ cost, in​ dollars, of producing x chairs is ​C(x)=0.005x3+0.07x2+18x+700​,…

A: We will use derivative to find marginal cost

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A:

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