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Suppose the Marginal Cost Is C(x)=e0.4xC ^ { \prime } ( x ) = e ^ { - 0.4 x }

Question 1

Multiple Choice

Suppose the marginal cost is C(x) =e0.4xC ^ { \prime } ( x ) = e ^ { - 0.4 x } ,where x is measured in units of 300 items and the cost is measured in units of $10,000.Find the cost corresponding to the production interval [300,1,500].Round to the nearest dollar.


A) $13,375
B) $5,350
C) $9,029
D) $2,140

Correct Answer:

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