The total cost of producing x generators is given by $TC= x^3-60x^2+1500x+2000.$ The Marginal Cost (MC), when x = 10 units is : |
₹2,000 ₹1,200 ₹600 ₹200 |
₹600 |
Given total cost $TC=x^3-60x^2+1500x+2000$ Marginal cost $MC=\frac{d(TC)}{dx}$ $MC=3x^2-120x+1500$ At $x=10$ $MC=3(10)^2-120(10)+1500$ $=300-1200+1500$ $=600$ The marginal cost at $x=10$ units is ₹600. |