Suppose a Company Has Estimated That the Marginal Cost of Manufacturing

Multiple Choice

Suppose a company has estimated that the marginal cost of manufacturing x items is $c ^ { \prime } ( x ) = 5 + 0.02 x$ (measured in dollars per unit) with a fixed start-up cost of c(0) = 10,000. Find the cost of producing the first 500 items.

A) $15,000
B) $5,000
C) $10,000
D) $17,500
E) $25,000
F) $6000
G) $20,000
H) $60,000