Suppose That the Total Cost (In Dollars) for a Product

question 125

Multiple Choice

Suppose that the total cost (in dollars) for a product is given by , where x is the number of units produced. Find the marginal cost when 500 units are produced, and interpret your result. Round your answer to the nearest cent. ​

• A)$0.80. It will cost approximately $0.80 to make the 501st unit.
• B)$0.31. It will cost approximately $0.31 to make the 501st unit.
• C)$0.40. It will cost approximately $0.40 to make the 501st unit.
• D)$380.95. It will cost approximately $380.95 to make the 501st unit.
• E)$1.00. It will cost approximately $1.00 to make the 501st unit.

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Definitions:

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