Answer to Question #266650 in Calculus for toodles

Question #266650

(1) If the total cost of a firm is c(x) = 1.5x^3 - 5x^2 + 20x + 5 . Find the marginal cost (in dollars) when 25 units are produced and sold. Where did you get the 3?


1
Expert's answer
2021-11-16T14:24:51-0500

Given cost of firm is "C(x)=1.5 x^{3}-5 x^{2}+20 x+5"

"\\begin{aligned}\n\n\\text { Marginal cost }=M . C &=\\frac{d C}{d x} \\\\\n\n\\Rightarrow M . C . &=\\frac{d}{d x}\\left(1.5 x^{3}-5 x^{2}+20 x+5\\right) \\\\\n\n&=3 \\times 1.5 x^{2}-10 x+20 \\\\\n\n&=4.5 x^{2}-10 x+20 \\\\\n\n\\text { Now M.C. } \\mid x=25 &=4.5(25)^{2}-10 \\times 25+20 \\\\\n\n&=4.5 \\times 625-250+20 \\\\\n\n&=2812.5-250+20 \\\\\n\n&=\\ 2582.5\n\n\\end{aligned}"

About 3:

See rules of differentiation


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