Solved

The Marginal Cost for a Company Is Given By C(q)=20.01q+0.005q2C ^ { \prime } ( q ) = 2 - 0.01 q + 0.005 q ^ { 2 }

Question 72

Short Answer

The marginal cost for a company is given by C(q)=20.01q+0.005q2C ^ { \prime } ( q ) = 2 - 0.01 q + 0.005 q ^ { 2 } where q is the number of units produced. What is the total cost to raise production from 100 to 200 units?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions