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Suppose the Marginal Cost Is C′(x)=e−0.9xC ^ { \prime } ( x ) = e ^ { - 0.9 x }

Question 19

Multiple Choice

Suppose the marginal cost is C′(x) =e−0.9xC ^ { \prime } ( x ) = e ^ { - 0.9 x } , where x is measured in units of 500 items and the cost is measured in units of $10,000. Find the cost corresponding to the production interval [1,000, 3,000]. Round to the nearest dollar.


A) $1,608
B) $1,447
C) $1,786
D) $1,476

Correct Answer:

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