The marginal cost function C'(x) was defined to be the derivative of the cost function. If the marginal cost of manufacturing x meters of fabric is C'(x) = 2 - 0.002x + 0.000009x² (measured in dollars per meter) and the fixed start-up cost is C(0) = $40,000, use the Net Change Theorem to find the cost of producing the first 3000 units.
The marginal cost function C'(x) was defined to be the derivative of the cost function. If the marginal cost of manufacturing x meters of fabric is C'(x) = 2 - 0.002x + 0.000009x² (measured in dollars per meter) and the fixed start-up cost is C(0) = $40,000, use the Net Change Theorem to find the cost of producing the first 3000 units.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
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
Transcribed Image Text:The marginal cost function C'(x) was defined to be the derivative of the cost function. If the marginal cost of manufacturing
x meters of fabric is C'(x) = 2 - 0.002x + 0.000009x² (measured in dollars per meter) and the fixed start-up cost is
C(0) = $40,000, use the Net Change Theorem to find the cost of producing the first 3000 units.

Transcribed Image Text:The marginal cost of producing x units of a certain product is 75 +1.4x -0.006x² + 0.00004x³ (in dollars per unit). Find
the increase in cost if the production level is raised from 1200 units to 1800 units. (Round your answer to two decimal
places.)
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