Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

5 Subjects

Week 10 Written Assignment

Week 10 Written Assignment

Q Mathematics 178 Name: Week 10 Written Assignment Show all work. Answers given without the proper mathematical explanation will receive little to no credit. Suppose the monthly cost, in dollars, of producing x backpacks is C(x) = 0:001x3 + 0:07x2 + 19x + 700 and currently 25 backpacks are produced monthly. 1. What is the current monthly cost? Answer: 2. What would be the additional cost of increasing production to 26 backpacks monthly? Answer: 3. What is the marginal cost when x = 25? Answer: 4. Use the marginal cost to estimate the value of C(27). Answer:

View Related Questions

Solution Preview

The answer is in the image format.