Can you please help me answer this number 33 question? Thank you so much 33. If the average fuel cost is $1.35 per gallon, then theannual fuel cost of driving a car 15,000 mi/yr is ap-proximatelyC =X20,250where x is the number of miles per gallon.(a) Complete the following table and use it to sketchthe graph of the cost function:сX1015 202530 35 40 (b) Complete the following table for the marginalcost:XdCdx10 15 20 25 30 35 40(c) Find the change in annual fuel cost when x in-creases from 10 to 11 and compare this with themarginal cost when x = 10.(d) Find the change in annual fuel cost when x in-creases from 30 to 31 and compare this with themarginal cost when x = 30.

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33. If the average fuel cost is $1.35 per gallon, then the annual fuel cost of driving a car 15,000 mi/yr is ap- proximately C = 20,250 X

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Can you please help me answer this number 33 question? Thank you so much

33. If the average fuel cost is $1.35 per gallon, then the
annual fuel cost of driving a car 15,000 mi/yr is ap-
proximately
C =
X
20,250
where x is the number of miles per gallon.
(a) Complete the following table and use it to sketch
the graph of the cost function:
с
X
10
15 20
25
30 35 40

(b) Complete the following table for the marginal
cost:
X
dC
dx
10 15 20 25 30 35 40
(c) Find the change in annual fuel cost when x in-
creases from 10 to 11 and compare this with the
marginal cost when x = 10.
(d) Find the change in annual fuel cost when x in-
creases from 30 to 31 and compare this with the
marginal cost when x = 30.

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