The cost of producing q items is C(q) = 3000 + 12g dollars. (a) What is the marginal cost of producing the 100th item? the 1000th item? The marginal cost to produce the 100th unit is $ i The marginal cost to produce the 1000th unit is $ i (b) What is the average cost of producing 100 items? 1000 items? The average cost of producing 100 units is $ i per unit. The average cost of producing 1000 units is Si per unit.

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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The cost of producing q items is C(q) = 3000 + 12q dollars.
(a) What is the marginal cost of producing the 100th item? the 1000th item?
The marginal cost to produce the 100th unit is $ i
The marginal cost to produce the 1000th unit is $ i
(b) What is the average cost of producing 100 items? 1000 items?
The average cost of producing 100 units is $ i
per unit.
The average cost of producing 1000 units is $ i
per unit.
Transcribed Image Text:The cost of producing q items is C(q) = 3000 + 12q dollars. (a) What is the marginal cost of producing the 100th item? the 1000th item? The marginal cost to produce the 100th unit is $ i The marginal cost to produce the 1000th unit is $ i (b) What is the average cost of producing 100 items? 1000 items? The average cost of producing 100 units is $ i per unit. The average cost of producing 1000 units is $ i per unit.
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