The cost, in thousands of dollars, of airing x television commercials during a sports event is given by
C(x) = 20 + 5,000x + 0.09x2.
(a) Find the marginal cost function C'(x). HINT [See Example 1.]
C'(x)=
Use it to estimate how fast the cost is increasing when
x = 4.
___________thousand dollars per television commercialCompare this with the exact cost of airing the fifth commercial.
The cost is going up at the rate of $_______ per television commercial. The exact cost of airing the fifth commercial is $_______ . Thus, there is a difference of $_______ .
(b) Find the average cost function C, and evaluate C(4). HINT [See Example 2.]
C(x)=
C(4)=
What does the answer tell you?
The average cost of airing the first four commercials is $________ per commercial.