Posted by renee on Wednesday, October 17, 2012 at 11:25am.
a) Plug in x = 1071, and x = 1891 into the equation C(x) to find the actual cost at these values.
b) The marginal cost is the cost of producing one more extra good, so the marginal cost when x = 1070 is
C(x=1071) - C(x=1070)
for 1890 it is
C(x=1891) - C(x=1890)
Im not sure if this is right.
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