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 C’(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 dont know what to intrepret. at d) my ans is not same with the given ans. at d) i dont know what to say when comparing.

given ans.

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

## Answer this Question

## Related Questions

- calculus - a dvision of sellier industries manufacturers the perfect model ...
- advanced math - The marginal cost of a product can be thought of as the cost of ...
- math - A manufacturing company finds that the daily cost of producing x items of...
- math - The daily total cost (in dollars) incurred by Trappee and Sons for ...
- math - The daily total cost (in dollars) incurred by Trappee and Sons for ...
- Math - The daily total cost (in dollars) incurred by Trappee and Sons for ...
- COLLEGE MATH - a manufacture of brand A jeans has daily production costs of C =...
- Algebriac Expressions - 2 less than 7 times a number = 2) Sarah's age decreased ...
- Introduction programing visual basic - break even analysis. suppose a certain ...
- math - Suppose the cost C(q) (in dollars) of producing a quantity q of a product...

More Related Questions