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Calculus Cost/Graph

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Homework Set 11: Problem 7 Section 4.5, Problem 9 Section 4.5

Section 4.5: Problem 9 pg. 201

9. The average cost per item to produce q items is given by
a(q) = 0.01q2 - 0.6q + 13, for q > 0 (the exponent on q is q squared).

A. What is the total cost, C(q), of producing q goods?

Total cost is C=A*q = 0.01q3 - 0.6q2 + 13q

B. What is the minimum marginal cost? What is the practical interpretation of this result?

Marginal ...

Solution Summary

The solution computes the marginal cost at q = 30. How does this relate to your answer to part C.