Suppose the Total Cost in Maunufacturing $x$ Units of a Certain Product Is

question 47

Essay

Suppose the total cost in maunufacturing $x$ units of a certain product is $C ( x )$ dollars.
a. What does $C ^ { \prime } ( x )$ measure? Give units.
b. What can you say about the sign of $C ^ { \prime }$ ?
c. Given that $C ^ { \prime } ( 3000 ) = 11$ , estimate the additional cost in producing the 3001 st unit of the product.

---

Definitions:

Fallacy

A faulty argument that at first appears to be correct.

Good Argument

A logical and coherent set of statements leading from premises to a conclusion, effectively supported by evidence.

Informal Fallacies

Errors in reasoning that do not involve the logical structure of an argument but are related to the content of the argument or the way the argument is presented.

Winning

Achieving victory in a competition or contest.