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Suppose a Company Has Estimated That the Marginal Cost of Manufacturing

Question 56

Multiple Choice

Suppose a company has estimated that the marginal cost of manufacturing x pairs of a new line of jeans is c(x) =3+0.002x+0.000006x2c ^ { \prime } ( x ) = 3 + 0.002 x + 0.000006 x ^ { 2 } (measured in dollars per pair) with a fixed start-up cost of c(0) = 2000. Find the cost of producing the first 1000 pair of jeans.


A) $2000
B) $4000
C) $6000
D) $10,000
E) $3000
F) $5000
G) $8000
H) $15,000

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