Posted by **ifi** on Sunday, May 5, 2013 at 10:52pm.

The daily cost C, in RM, of producing a product is

C(x)=1000+72x-0.06x^2

(0 more & equal x less & equal 60)

where x represents the number of product produced.

a) Find the daily cost of producing 50 units

b) Find the marginal cost function.

c) Find Cā(50) and interpret its meaning.

d) Use the marginal cost to estimate the cost of producing 51 units.

e) Find the actual cost of producing 51 units. Compare the actual cost of making 51 units to the estimated cost of producing 51 units found in part d).

f) Find the average cost of producing 51 units.

i need help for question c), d) & e).

Because at c) i don't know what to intrepret. at d) my ans is not same with the given ans. at d) i don't know what to say when comparing.

given ans.

8.a) 4450 b) 72 ā 0.12x c) 66 d) 4516 e) 4514.94 f) 88.55

## Answer This Question

## Related Questions

- MATH - The cost to manufacture a product is proportional to the quantity ...
- advanced math - The marginal cost of a product can be thought of as the cost of ...
- calculus - a dvision of sellier industries manufacturers the perfect model ...
- math - A manufacturing company finds that the daily cost of producing x items of...
- algebraic modeling - A toy manufacturer determines that the daily cost,C, for ...
- Math - The nutritionistof FLC Foods, Inc. designed a new product for everybody's...
- MATH HELP - The cost to produce a product is modeled by the function f(x) = 5x^2...
- Introduction programing visual basic - break even analysis. suppose a certain ...
- Algebra - 83. Minimizing Marginal Cost The marginal cost of a product can be ...
- Math - average rate problems(check + help) - The total cost, c, in dollars of ...

More Related Questions