C(q) = 2300 + 40q What is the marginal cost function? 1a) For the marginal cost function you found in question one, what is the marginal cost at q = 23?
Added by Mario M.
Step 1
To find the marginal cost function, we need to take the derivative of the total cost function with respect to quantity (q): C'(q) = 40 So the marginal cost function is simply: MC(q) = 40 Show more…
Show all steps
Close
Your feedback will help us improve your experience
Madhur L and 73 other Calculus 1 / AB educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
A total-cost function is given by c = 24 ln (q + 1) + 12. Find the marginal cost when q = 4. The marginal cost is (Simplify your answer.)
Darshan M.
Rahul M.
Supreeta N.
Recommended Textbooks
Calculus: Early Transcendentals
Thomas Calculus
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD