Mathematics · Application of Derivatives
For a manufacturer, the total cost function is given by C = x225 + 2x. Which of the following statements are correct? (B) (2x25 + 2) is the marginal cost function. (C) (x25 + 2) is the average cost function. (D) 2.4 is the marginal cost when 5 units are produced.
- 1A, D, E only
- 2B, C, D only✓
- 3B, C, E only
- 4A, B, E only
Correct answer
B, C, D only
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