30,000- C(x) = -0.02 + 50x + 100 5000- 200 1000 Number of items Figure 3.51 Cost (dollars)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Average and marginal costs Suppose the cost of producing x items is
given by the function 
C(x) = -0.02x2 + 50x + 100, for 0 < x …<1000.
a. Determine the average and marginal cost functions.
b. Determine the average and marginal cost for the first 100 items and interpret these
values.
c. Determine the average and marginal cost for the first 900 items and interpret these
values

30,000-
C(x) = -0.02 + 50x + 100
5000-
200
1000
Number of items
Figure 3.51
Cost (dollars)
Transcribed Image Text:30,000- C(x) = -0.02 + 50x + 100 5000- 200 1000 Number of items Figure 3.51 Cost (dollars)
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