A company's cost equation is C(q) = 400 + 12√, where a is the quantity produced. Find the marginal cost when producing 64 items. Select an answer
A company's cost equation is C(q) = 400 + 12√, where a is the quantity produced. Find the marginal cost when producing 64 items. Select an answer
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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![### Cost Analysis Problem
A company's cost equation is given by:
\[ C(q) = 400 + 12\sqrt{q}, \]
where \( q \) is the quantity produced. The task is to find the marginal cost when producing 64 items.
**Question:**
Find the marginal cost when producing 64 items.
**Answer Options:**
- [Dropdown menu with answer options]
In this scenario, the primary goal is to determine the marginal cost, which can be found by differentiating the cost function \( C(q) \) with respect to \( q \), and then substituting \( q = 64 \) into the resulting expression.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa532d6c3-fc4a-4c4d-b082-7cb1920e9739%2Ffa9711bb-2689-4fe1-a18c-37d0b17cf3a2%2F8k6wy8t_processed.png&w=3840&q=75)
Transcribed Image Text:### Cost Analysis Problem
A company's cost equation is given by:
\[ C(q) = 400 + 12\sqrt{q}, \]
where \( q \) is the quantity produced. The task is to find the marginal cost when producing 64 items.
**Question:**
Find the marginal cost when producing 64 items.
**Answer Options:**
- [Dropdown menu with answer options]
In this scenario, the primary goal is to determine the marginal cost, which can be found by differentiating the cost function \( C(q) \) with respect to \( q \), and then substituting \( q = 64 \) into the resulting expression.
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