For the cost function 125x + 375 C(x) = x+7 where C is in dollars and x is the number produced in hundreds, use C(13) and MC(13) to approximate the cost of producing 1380 items. (Round your answer to two decimal places.) Give an interpretation of the marginal cost value. At this level of production, the cost-Select- about $ per additional one hundred items.

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A: Answer to the question is as follows :

Q: For the cost function C(x) 125x + 375 x+7 where C is in dollars and x is the number produced in…

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