Solve the Problem. -A Pen Manufacturer Determined That the Total Cost in Dollars

question 3

Multiple Choice

Solve the problem.
-A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by:
c(x) = 0 ≤ x ≤ 100
Find the marginal cost at a production level of 70 dozen pens and interpret the result.

• A) The marginal cost is $0.60/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.60.
• B) The marginal cost is $0.59/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.59.
• C) The marginal cost is $0.62/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.62.
• D) The marginal cost is $0.58/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.58.

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Definitions:

Pruritus

An uncomfortable, irritating sensation that creates an urge to scratch, commonly referred to as itchiness.

Diarrhea

A condition characterized by the frequent passage of loose or watery stools, often a symptom of infection or food intolerance.

Physiologic Measurements

Assessments of the body's functions and parameters, such as heart rate, blood pressure, and respiratory rate, to monitor and understand health status.

Limited Value

Refers to items, services, or information that have minimal usefulness or importance in a given context.