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Marginal Cost A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that...

Marginal Cost

A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by

C'(x) = 0.0006x2 − 0.14x + 25

where C'(x) is measured in dollars per unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $900.

(a)

Find the total cost incurred by Ditton in producing the first 300 units of these toaster ovens per day.

$  

(b)

What is the total cost incurred by Ditton in producing the 201st through 300th units/day?

$

Math   Calculus   
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