Question

Marginal Cost The total weekly cost (in dollars) incurred by Lincoln Records in pressing x compact...

Marginal Cost

The total weekly cost (in dollars) incurred by Lincoln Records in pressing x compact discs is given by the following function.

C(x) = 2000 + 2x − 0.0001x2    (0 ≤ x ≤ 6000)

(a)

What is the actual cost incurred in producing the 1071st and the 1991st disc? (Round your answers to the nearest cent.)

1071st disc$ 1991st disc$

(b)

What is the marginal cost when x = 1070 and 1990? (Round your answers to the nearest cent.)

1070$ 1990$

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