advanced math
posted by kristina
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase productionn from 49 to 50 units of output. Suppose the marginal cost C(in dollars) to produce x thousand mp3 playersis given by the function C(x)=x^2140x+7900.
How many players should be produced to minimize the marginal cost?
What is the minimum marginal cost?
Respond to this Question
Similar Questions

calc
Suppose the cost C(q) (in dollars) of producing a quantity q of a product equals C(q) = 500 + 2q +1/5q2. The marginal cost MC(q) equals the instantaneous rate of change of the total cost. Find the marginal cost when a quantity of 10 … 
math
Suppose the cost C(q) (in dollars) of producing a quantity q of a product equals C(q) = 500 + 2q +1/5q^2 The marginal cost M(q) equals the instantaneous rate of change of the total cost. Find the marginal cost when a quantity of 10 … 
calc
Suppose the cost C(q) (in dollars) of producing a quantity q of a product equals C(q) = 500 + 2q +1/5q^2 The marginal cost M(q) equals the instantaneous rate of change of the total cost. Find the marginal cost when a quantity of 10 … 
Micro economics
1. prove mathematically that MC does not depend on TFC 2. if the average cost of producing 8 units of output in $80 and that of prodcuing 9 units of output is $90, find the marginal cost of the 9th unit of output and the total cost … 
Algebra
83. Minimizing Marginal Cost The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase … 
Introduction programing visual basic
break even analysis. suppose a certain product sells for a dollars per unit. then the revenue from selling x units of the product is ax dollars if the cost of producting each unit of the product is b dollars and the company has overhead … 
math
The daily cost C, in RM, of producing a product is C(x)=1000+72x0.06x^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. … 
Basic math for science
A sportswear manufacture determines that the marginal cost of producing x wormup suits is given in dollars by 200.015x.if the cost of producing one suits is $25,find the cost function and the cost of producing 50 suits and 100 suits 
math
The marginal cost function is given by dc/dq=0.08q^21.8q+2.5 where c is the total cost in producing q units of product. The fixed cost is 5000. Find the total cost for producing 1000 units 
Calculus
The marginal cost for producing x units of a certain product is given by the formula MC = 0.001x^20.5x+66.5. A. What is the increase in the cost of the production if the production level is raised from 200 to 400 units?