The marginal cost C' (q) (in dollars per unit) of producing q units is given in the following table, 0 100 200 300 400 500 600 21 18 22 9 C' (q) 25 26 32 41 Round your answers to the nearest integers. (a) If fixed cost is $10,000, estimate the total cost of producing 400 units. The cost of producing 400 units is Si

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The marginal cost C' (q) (in dollars per unit) of producing q units is given in the following table,
D
0
100 200 300 400 500 600
C' (q) 25 21 18 22
26 32
41
Round your answers to the nearest integers.
(a) If fixed cost is $10,000, estimate the total cost of producing 400 units.
The cost of producing 400 units is S
(b) To the nearest dollar, how much would the total cost increase if production were increased one unit, to 401 units?
The total cost increase if production were increased one unit is S i
Transcribed Image Text:The marginal cost C' (q) (in dollars per unit) of producing q units is given in the following table, D 0 100 200 300 400 500 600 C' (q) 25 21 18 22 26 32 41 Round your answers to the nearest integers. (a) If fixed cost is $10,000, estimate the total cost of producing 400 units. The cost of producing 400 units is S (b) To the nearest dollar, how much would the total cost increase if production were increased one unit, to 401 units? The total cost increase if production were increased one unit is S i
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