The cost of producing 5-gallon water bottles is given by C(q) = 0.005q² + 2q + 1000. If 2000 5-gallon water bottles are produced, find the (i) total cost (ii) average cost (iii) marginal cost (iv) marginal average cost

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The cost of producing 5-gallon water bottles is given by
C(q) = 0.005q² + 2q + 1000.
If 2000 5-gallon water bottles are produced, find the
(i) total cost
(ii) average cost
(iii) marginal cost
(iv) marginal average cost
Transcribed Image Text:The cost of producing 5-gallon water bottles is given by C(q) = 0.005q² + 2q + 1000. If 2000 5-gallon water bottles are produced, find the (i) total cost (ii) average cost (iii) marginal cost (iv) marginal average cost
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