Question

Suppose that the dollar cost of producing x radios is c(x) = 400 + 20x - 0.2x

2. Find the marginal cost when 30
radios are produced.

Answer 1

cost of producing x radios is c(x) = 400 + 20x - 0.2x
where:
x=number of units
thus the cost required to produce 30 units will be given by
c(30)=400+20(30)-0.2(30)
c(30)=400+600-6
c(30)=994

Answer: Marginal cost will be $994