A company is producing tires for cars. The weekly cost of producing x tires is given by:
C(x) = 60,000 +500x - 0.75x^2
Find and interpret the marginal cost at a production level of 300 tires a week.
At a production level of 300 tires a week the production costs are increasing at a rate of $50 per tires. |
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It costs $142,500 to produce 300 tires a week. |
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At a production level of 300 tires a week the production costs are increasing at a rate of $50 per week |
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none of these answers. |
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It costs $145,500 to produce 300 tires a week. |
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